It’s usually best to open a separate business checking account so your rental income and expenses stay organized and away from personal funds.

As I approach my move out strategy where I will be converting my upper unit into a STR, I often think of guest interaction amongst the two units.

Attend in person, bid, if you win you have to pay right then via a cashiers check.

It actually says “Loans to Partner (or persons related to Partners)”.

Purchase price: $330,000 Cash invested: $40,000 Hey everyone, I wanted to share a personal story about a property I purchased and renovated in Hudson County, NJ.

But it sounds like you should also balance your decision on what fits you and your families preference and style since you will be using it personally. 2.

Personally I wouldn't feel comfortable trying to wholesale a relatives $1M home knowing that I am breaking the law if I cross over into doing anything that can be considered representing them in the transaction, and knowing it will only be marketed to people who buy properties wholesale (typically investors who don't want to pay retail prices), instead of the majority of retail buyers active in the market who are typcially willing to pay more. 

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

Personally I'm against these types of programs, especially 5-figure ones.

This approach balances guest convenience with managing costs and inventory.Happy to connect and share more tips!