Sainath Muntha
Which Bank do you use to open multiple accounts for each LLC in your portfolio
27 March 2024 | 5 replies
Here is my situation:I open an LLC for each of my investment properties and for each LLC I need a bank account.I do not want to go down the route of using a traditional bank and open a new bank account with say Wells Fargo unless I have to.I have tried baseline banking which allows you to open one "account" and have multiple accounts within that (one for each LLC).
Cody Cavenaugh
Getting approved for a Loan- Ideas
29 March 2024 | 7 replies
DSCR loans won't use your income to underwrite the loan.
David Travieso
Tenants need to Vacate for a few day while maintenance is being done.
30 March 2024 | 12 replies
That way accounting seems to be more likely to be correct.Good Luck
Danay Ramirez
Foreign individual direct ownership
29 March 2024 | 1 reply
Income tax: A foreign investor receiving rental income from U.S. real property must pay income tax.
Rigo V.
mastermind recommendations. any suggestions?
29 March 2024 | 1 reply
Hoping to make connections with folks who are investing full time, keep each other accountable, partner on deals potentially but most of all MOTIVATED
Destry Dylan Thomas Sholder
Tenants want to end the lease early
28 March 2024 | 12 replies
It's important to reassess the income for requalification.
Karyn Navin
New Member - True Rookie
30 March 2024 | 11 replies
Look for an investor friendly realtor who understands what kind of return you are looking for, a real estate attorney to set up your LLC and make sure you have a well written lease as well as an accountant that you are comfortable with.
Account Closed
Appraisal came back with 10% different SQFT than listing
29 March 2024 | 9 replies
Account Closed the first thing you need to do is is find the source of the 1566 sqft.
Matthew Ginsberg
Tenant Water Bills
29 March 2024 | 7 replies
Water bills come in once every 3 months and I give tenants ample notice prior to updating their accounts with the water bill charge.
Clarence Jones
How Should I Start my Journey?
31 March 2024 | 14 replies
When you graduate, fill your space with another student and then buy another house hack while you get started in the business world.Yes, you should work the "boring 9-5" to generate income and qualify for loans.