Evan St. George
Rent is now coming in... where to put it?
*With apologies for how basic this probably seems* I wanted to ask for general advice on where rental income should "live" in the short and long term, and make sure I'm handling things correctly. My wife and I just mo...
Ben Volkman
Bank Account Set Up for Expenses
When looking at expenses related to a property (vacancy, HOA, utilities, PM, repairs etc), how is that set up within a bank account? Do you lump them into one account and then dip into it when a vacancy or other expe...
Tom Scott
Having Trouble Picking Strategy
Hello all, My first mail campaign began this weekend so hopefully the phone will start ringing shortly. My long term goal is buy and hold rental properties, mostly SFR, but I have managed to convince myself I need ...
Ronald Stephenson
Funding HVAC system
Situation: Business checking can not afford HVAC replacement. Ask: What are your suggestions in this type of situation? What did you do if you were in this type of situation? Background: I have a rental property in Wi...
John Leonard
First Deal Done! Lessons Learned. But Now What?
My first investment property
Learned a lot, not a home run, but it is a start.
Before I begin let me give you “the back story” on me.
My wife and I have known since we started dating 5 years ago that we wante...
Michael Hable
Down Payment 20-30%? Are there ways around it?
Hello Everyone from the western suburbs of Chicago! I'm excited to be part of a community of real investors and reading others thoughts and experiences on BiggerPockets.
I'm looking to invest in rental proper...
Adriel Liwag
Closed on my 4th flip
Hey BP!I finally closed on my 4th successful flip two weeks ago and wanted to share it. I've been a fix and flip investor for 2 years now and I successfully flipped 3 houses my first year. My goal this second year was...
Michael McIntosh
Legal Setup with LLCs
I have only one rental at this point, but was advised it might be ideal to setup one LLC for the actual real estate company in addition to an LLC for each property. I believe the reason was to protect ourselves in cas...
James Sanchez
SDIRA/LLC
Partnering with ones self in an IRA/LLC, that is the IRA has 75% stake in an LLC and you have another 25% of credit or cash invested for repairs.So, your IRA and you are the members of the LLC.How can this be done or ...
Jason Malabute
Transfer title to Llc
I’m still kind of confused about this. My last post kind of confused me more lol. Can somebody please give me a step by step guide of how to transfer the title of property in Indianapolis that you closed on under your...