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Results (10000)
KC Pake 🤔 Seeking Advice: Combining Adjoining Waterfront Lots - Pros & Cons?
2 February 2024 | 8 replies

Hello everyone,
I'm in the process of deciding the best course of action for selling my property, and I could use your collective wisdom or experiences on this matter. I own four adjoining vacant lots, each approxima...

Gordon Middleton Boutique Hotel - Partnership LLC structure
21 June 2024 | 10 replies

Hey everyone,I've read a ton of posts surrounding the subject of LLCs and quite of a few of them with specificity to hotels, motels, etc. That said, most involve single owners so that's why I'm creating this thread. I...

Robert Haney Restructuring with 2 series LLCs or what? Need help.
21 February 2019 | 6 replies

I'm in Houston TX area.  I have 3 real estate businesses I started 3 years ago. 1)  Sole proprietor Fix and flip business: doing 15+ properties per year all cash with 6 to 9 properties in inventory.  2) Sole proprieto...

Shawn S. How many bank accounts?
7 January 2015 | 22 replies

How many bank accounts do you have for your real estate investing? I am trying to decide if it is better to keep each place in a separate account or if that would be unwise?

Thanks,

Shawn

Jason Dale How do you manage/keep track of money?
3 November 2017 | 13 replies

Hello everyone,I have my first rental property already rented and I am looking for the next one, but I'm wondering how everyone manages money? Like day to day income/payments, and what systems are good to get set up? ...

Kimi Ho 1031 exchange on split use property with 1 house number only
24 July 2018 | 9 replies

Hello everyone,I am having trouble getting answers regarding a split use property that I am about to purchase. The property only has one house number and per appraisal is a single family residence. However, there are ...

Mike Roy Good Deal?
27 April 2015 | 9 replies

Hi BP Community - I have an offer out on a fully occupied brick 4-unit building in Maine and would like BP's opinion on the deal. This is my first one, and I feel pretty good about my analysis, but I always appreciat...

Jonathan D. Multiple LLCs and Handling Loans/expenses
17 May 2017 | 7 replies

Hi All,My partner and I have started our businesses flipping homes. We have our main LLC (call it LLC-1) and then each property we purchase and flip gets their own LLC (for risk reasons). We have a general loan for al...

Monica Kovalsky Quickbooks Online for Rentals with Multiple LLCs
6 March 2019 | 10 replies

I recently converted to Quickbooks Online for 2 main reasons: 1) peace of mind in case my computer decides to crash 2) may eventually hire a virtual bookkeeper so thought online would be easier.  I thought I could jus...