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14 January 2025 | 2 replies
We currently accept rent from tenants using a variety of 3rd party apps-Cashapp, Venmo, Zelle but are moving away from accepting payments in our individual names and want to start accepting payments directly to the LLC/business accounts, but LLC accounts do not accept Zelle and there is a fee for using business accounts on Venmo.
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30 January 2025 | 7 replies
Alternatively, you may want to consider switching to a platform that offers this level of transparency.Additionally, on both Airbnb and Vrbo, if you have access to the account, you can view the transaction history.
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21 January 2025 | 19 replies
Frankly I used to be on BP a lot, then when I started doing syndication, no one discussed much about syndication on BP so I just went to other places to learn.
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16 January 2025 | 5 replies
You can create an account to advertise yourself as a host or a guest (or both) and get matched with others.
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3 February 2025 | 4 replies
The deal is risky unless you know the market well, have experience executing this strategy, and have accounted for the quality of the asset and tenant.
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6 January 2025 | 11 replies
If you have checkbook control you’ll have a bank account with a bank that has FDIC insurance up to $250k per account.
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15 January 2025 | 10 replies
The fact is that these laws exist in many places, including Salt Lake City, Utah; Logan, Utah; Hartford, Connecticut; and Newark, New Jersey.
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19 January 2025 | 354 replies
We invested via a retirement account.
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5 January 2025 | 5 replies
In this manual (which I assume could be modified to provide to tenants) I include all the financing information (which you would not include for tenants) bank accounts, mortgage accounts, payment information, and mortgage payoff), a list of the contractors, what each contractor does, a list of upcoming planned or necessary repairs, and a copy of all leases associated with the property.
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2 February 2025 | 6 replies
If you don't have a US-based bank account, I would get one as that's a requirement by most lenders.