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All Forum Posts by: Lance Neighbors

Lance Neighbors has started 10 posts and replied 29 times.

Post: Background check on lease renewal?

Lance NeighborsPosted
  • Rental Property Investor
  • Danville, VA
  • Posts 30
  • Votes 13

Kind of a rookie question here but do any of you require a new background check when renewing your tenant’s lease?

Post: What should be placed in a VA Lease Agreement

Lance NeighborsPosted
  • Rental Property Investor
  • Danville, VA
  • Posts 30
  • Votes 13

Hello everyone! I am a brand new landlord in VA and I want to be as successful as possible! With that being said, what are the "must haves" for my VA Lease Agreements to protect me and my investment legally? Also, should I have an attorney draft my lease agreement or is there another way? Any help is appreciated!

Post: Separate accounts for each rental

Lance NeighborsPosted
  • Rental Property Investor
  • Danville, VA
  • Posts 30
  • Votes 13

@Lance Neighbors Thank you all for your replies! I definitely think I'll simplify things by creating two accounts (savings and checking) for each LLC rather than each property! You guys are awesome!

Post: Separate accounts for each rental

Lance NeighborsPosted
  • Rental Property Investor
  • Danville, VA
  • Posts 30
  • Votes 13

@Benjamin E Salas Both homes are under the same LLC.

Post: Separate accounts for each rental

Lance NeighborsPosted
  • Rental Property Investor
  • Danville, VA
  • Posts 30
  • Votes 13

@Benjamin E Salas it's two separate SFH

Post: Separate accounts for each rental

Lance NeighborsPosted
  • Rental Property Investor
  • Danville, VA
  • Posts 30
  • Votes 13

Hey guys, I have a question! Should I open a separate bank account for each rental I own?

Post: How to buy small multi-family properties?

Lance NeighborsPosted
  • Rental Property Investor
  • Danville, VA
  • Posts 30
  • Votes 13

@Arn Cenedella congratulations! As Robert Kiyosaki says “ Your network is your net worth!” Thanks for your help.

Post: How to buy small multi-family properties?

Lance NeighborsPosted
  • Rental Property Investor
  • Danville, VA
  • Posts 30
  • Votes 13

@Mack Benson Thanks! I just have to keep grinding at it.

Post: How to buy small multi-family properties?

Lance NeighborsPosted
  • Rental Property Investor
  • Danville, VA
  • Posts 30
  • Votes 13

Hey guys! I am having a hard time finding small multi-family deals and was looking for some suggestions.

Post: Gifting property to my children

Lance NeighborsPosted
  • Rental Property Investor
  • Danville, VA
  • Posts 30
  • Votes 13

@Daniel McNulty Thank you for your reply!