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1 March 2024 | 28 replies
Quote from @Jeff P.: I will try to keep this brief.
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4 March 2024 | 4 replies
I did more research last night..For now the plan is to:- close on the house just under my own name.- quit claim the property into a series Ohio LLC in the near future.- open a business checking under the LLC- open a savings to hold the deposits- open a CC under the LLC (Amex blue business 2% cashback on all purchases up to 50k, then 1% cashback on the rest, Very unlikely I'll be spending over 50k a year on just the one property)After further research it looks like everbank actually does offer 5.1% HYSA and business checking accounts with no monthly fees.
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4 March 2024 | 8 replies
We used Stessa for the flips last year, but as I've increased the number of flips, tying expenses to the appropriate project has become a bear and I'm wondering what others do.
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4 March 2024 | 22 replies
Lastly, I started to listen to a few of David Greene's videos on Bigger Pockets.
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4 March 2024 | 7 replies
TIAI work with an investor who has been buying SF rentals in Anderson for the last few years.
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4 March 2024 | 4 replies
When I show my rental to potential buyers I give them 3 years of rental history with the average utility expenses and what I paid for taxes and insurance over those last three years as well.
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4 March 2024 | 59 replies
Complex stuff for the "average Joe/Jane" but simple stuff for accountant/CPA that can all but answer without thinking, because you've answered it 47 times, in last week/month whatever.
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4 March 2024 | 11 replies
Pete area to house-hack in the last two months.
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4 March 2024 | 17 replies
Talk to the tenants and ask if there have been any problems with the gas as the usage has increased compared to last year.Without separate meters, have each unit pay 50% of the bill assuming the units are similar size.
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4 March 2024 | 11 replies
The Condo base on the last Title Study done in March 2019 is worth 150k the title is clean (it means it does not own any money) but because of the situation can get the private banks open a line of credit.