Maurice Nkonsissie
New member from Frederick, Maryland
9 January 2025 | 2 replies
Quote from @Maurice Nkonsissie: HelloMy name is Maurice, I live in the greater DMV area.
Katie Southard
Really want my rental in an LLC
14 January 2025 | 1 reply
Anyone could figure it out.The rental is in my name only and always has been.
Brice Alef-Torrisi
Managing finances between multiple properties
14 January 2025 | 7 replies
@Brice Alef-Torrisi putting each property in its own LLC is usually overkill.Getting a bank account for each LLC is typically something you need to do to avoid "piercing of the LLC corporate veil" (actually depends on tax selection you made for LLC), but is also overkill.You haven't indicated how you are holding the deed for the latest property.If in your name or same LLC, you don't need a separate bank account.If in separate LLC, you can create a Master LLC, have each property LLC hire the Master LLC to manage their affairs, and just get a bank account for Master LLC.This is an opinion, not advice, so lookup CPA Frank Alcini in Troy for expert advice.
Donald Hatter
Reporting Unpaid Rent to Credit Bureaus
11 January 2025 | 1 reply
The name (former tenant) looked familiar and sure enough when we looked at the credit report there was the debt from us from 2023. 1.
Kemi Okosun
Introduction and New Member Alert
7 January 2025 | 11 replies
Quote from @Kemi Okosun: Hello All,My name is Kemi (Elizabeth).
Ankit Lodha
Cash-our Refinance - DSCR
8 January 2025 | 13 replies
Quote from @Ankit Lodha: I have a home under our names.
Brandon Morgan
is an LLC necessary?
16 January 2025 | 29 replies
The Registered Agent will record the documents on your behalf so only their name and information appear on the documents.
Farnaz Z.
How to screen a tenant without a social security number?
13 January 2025 | 4 replies
They're currently renting in Denver under only the guy's name but since the girlfriend is pregnant, they need to move to a bigger place.
Denise Evans
Identify All Acquisition Costs Before Buying
20 December 2024 | 2 replies
I remember back when I was ramping up my own rental portfolio in those early-2000s San Diego days, I learned the hard way that ignoring “little” costs..like that termite treatment or the property manager’s onboarding fee..can turn what looked like a sweet deal into something that barely breaks even.Let’s say you pick up a property in one of those under-the-radar neighborhoods in Omaha or maybe on the south side of Chicago..markets I’ve seen a few colleagues dabbling in lately..you’ve got to be ready to get real about the numbers.
Lorraine Hadden
Invest In A Metro-Market That Made The 2025 Top Performers List?
10 January 2025 | 4 replies
If you plan to actively invest in 2025, see if you can name ONE city/metro region that made the NAR's 2025 TOP PERFORMERS LIST!