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All Forum Posts by: Sam Gleadle

Sam Gleadle has started 10 posts and replied 24 times.

Post: Partnership Banking Help

Sam GleadlePosted
  • Rental Property Investor
  • Louisville, KY
  • Posts 24
  • Votes 13

@Zev Jankovic Hi Jev, yeah I know they are “riskier” in that regard. I went through setup process and everything but shortly after they said they re look at the account and found me “risky”? Tried to get an explanation but was not successful haha.

Will normal big banks allow me to open multiple accounts, one for each deal that I purchased through a partnership?

Cheers

Post: Partnership Banking Help

Sam GleadlePosted
  • Rental Property Investor
  • Louisville, KY
  • Posts 24
  • Votes 13

@Mike Reynolds hi Mike, thank you for your response. It is possible, I will be opening a new bank account for each new deal I purchase through a partnership, so I just need them allow me to open multiple accounts. Just wanted to see if anyone here had a good experience with any of the big banks or small ones!

Cheers

Post: Partnership Banking Help

Sam GleadlePosted
  • Rental Property Investor
  • Louisville, KY
  • Posts 24
  • Votes 13

Hello everyone,

I have a deal that I used funds from partners and created an LLC. I am also the managing partner on the deal so I am in charge of the bank account and distribution of profits, etc…

I opened an account with Novo, an online business banking platform that I loved at first, but all of a sudden, after only two months, they said my account is closing due to risk?

They will not elaborate anymore than that and I am confused and angry. With that being said, I need to open another bank account somewhere else rather quickly.

Was wondering if there were any better options for me to use for this deal and all other deals in the future?

Cheers,

Sam Gleadle

Post: Tax help needed for first property!

Sam GleadlePosted
  • Rental Property Investor
  • Louisville, KY
  • Posts 24
  • Votes 13

@Daniel Hyman thank you Daniel! I will look into that and see what I can find.

Post: Tax help needed for first property!

Sam GleadlePosted
  • Rental Property Investor
  • Louisville, KY
  • Posts 24
  • Votes 13

Hello everyone,

I am moving forward on a deal that I am starting an LLP with. I have much to learn and I am excited to learn as I go, however I am really looking for someone who can handle the taxes for me for the property and potentially personally as well. I live in Texas currently and the property is in MN.

Thank you,

Sam Gleadle

Post: Business Bank Account

Sam GleadlePosted
  • Rental Property Investor
  • Louisville, KY
  • Posts 24
  • Votes 13

Hey guys,

I am moving forward with a deal that I am using funds from partners. I will be the managing partner this deal and I have never had to open up a business account before. What companies have you had experience using, and what makes it a good company to go with? What things should I look for and avoid?

Cheers,

Sam Gleadle

Post: Moving Again and Looking to Connect.

Sam GleadlePosted
  • Rental Property Investor
  • Louisville, KY
  • Posts 24
  • Votes 13

@Elin Trinh Thank you, and best of luck to your for your first rental. Which area is it in? 

Post: Moving Again and Looking to Connect.

Sam GleadlePosted
  • Rental Property Investor
  • Louisville, KY
  • Posts 24
  • Votes 13

Hey guys... 

So, I moved again!!! As a professional athlete this type of thing happens all the time. This time football has moved me to San Antonio for a year. As the season gets closer I am wanting to meet and connect with agents/investors here to chat about the market and learn as much as I can. 

Looking forward to meeting you all,

Sam Gleadle

Post: Pro Athlete setting the foundation for life after the game

Sam GleadlePosted
  • Rental Property Investor
  • Louisville, KY
  • Posts 24
  • Votes 13

@Jordan Murrell

@Tesho Akindele

@Greg Ranjitsingh

All the lads getting in now.. ask Jordan questions as the man is rolling and I’ve begun to pick Tesho’s brain as well!! Welcome to BP Greg

Post: Looking for Minneapolis Investors/Agents

Sam GleadlePosted
  • Rental Property Investor
  • Louisville, KY
  • Posts 24
  • Votes 13

@Daniel Anshus

Daniel, thank you for reaching out to me! I would love to be connected with the people at the club who also invest in real estate.

I would love to chat with you as well, so message me and we can figure something out!

Cheers