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I have a family member willing to give me some inheritance money early to continue investing.I know the rules involving no gift money for investment property down payments. We have enough money for the down payment it...
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Does anyone have experience with using either Baseline (https://www.baselane.com/) or Relay (https://relayfi.com/) when it comes to managing rentals and banking? I've heard Baseline ads on the podcasts, but I've also ...
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I've been thinking about a creating a direct deposit account to accept rent directly from tenant checking accounts to mine. I would have to give those tenants using direct deposit the account number. It would save...
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Hi All, am trying to set up auto rent deposit with my tenant. What service providers do most people use? Or do you set this up directly with your bank?
I used to use the auto rent deposit service from NAIL, (some...
Hi,
I am considering to buy a land deal in Nevada with other friends of mine and we are looking to set up a multi-member LLC in the state of Nevada for this. The LLC will only hold the vacant land for the moment and...
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Good afternoon! I am 2 weeks from closing on my first deal- a duplex house hack. The property will be in my name, and it seems the general consencus is that someone just getting started doesnt need an LLC. However, I ...
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Hi, I purchased a 3 bedroom condo and have been living in it while having 2 roommates. I’m going to move out in a couple weeks and put another renter in my spot. During this transition I want to revise the way I colle...
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Hello BP family - I'm planning on creating my living trust and need some guidance & attorney recommendations. What questions should I be asking and what price range would I expect to pay for this type of service? ...
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Happy New investors!I currently have 1 commercial property and 1 LTR property. As I'm building my portfolio of real estate I'm wondering what the easiest way to set up bank accounts as well as keeping track of tenant'...
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How should I have my renters pay their rent? My portfolio has grown and I am wondering if there is a better way to have them pay rent other than giving out my bank account number. Thank you.