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14 January 2025 | 7 replies
@Brice Alef-Torrisi To manage finances for multiple properties, maintain separate bank accounts for each property if held under different LLCs to avoid commingling, which could jeopardize liability protection and complicate tax deductions.If properties are under one LLC, using a single account is fine but requires detailed record-keeping for each property.
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10 January 2025 | 17 replies
You came to the right place to learn more about real estate investing, Zach!
13 January 2025 | 41 replies
If we bite off people’s heads when they admit disaster, it suppresses legitimate issues with these techniques.Just for context there is a lot of history with the OP and some of us on here going back years (like the thread I linked to above from about a year ago and several others if you use the search function with his name) with him minimizing the risks of how he was structuring these transactions and some of us being cautionary, warning him that exactly what happened here could happen, which made him defensive and dismissive.
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27 January 2025 | 27 replies
Give The Ultimate Guide to Grading Cleveland Neighborhoods a read to see which neighborhoods fit your appetite for risk.
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2 February 2025 | 9 replies
You will also need to have a US Bank account.
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28 January 2025 | 6 replies
I want to learn and get as much experience as I can.
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31 January 2025 | 12 replies
Contribute to HSA the maximum you can, then invest to get the best possible returns and wait.
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22 January 2025 | 56 replies
“I don’t want to try because I don’t want to fail.”
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27 January 2025 | 6 replies
@Karina Pacific, Welcome to BP!