In the past, I've had employees writing checks out of a centralized account. That got messy fast, and I've only got 4 employees. Is there a way to separate and track expenses per employee while still allowing them to ...

Hello! We bought our first two rental properties this summer! One thing I have ran into so far was how to collect upfront cost from an approved applicant when signing the lease from a distance. We had the tenant use p...

Hello!
I'm a software engineer working on a tool that allows landlords to connect to the bank accounts of potential tenants to verify their income, employment, previous addresses, and their identity. I'm making a po...

How does one go about using retirement or borrowing from retirement as line of credit or equity? Only personal loan of commercial as well?

Group  I have an LLC with an EIN from good ole Uncle Sam.  I am looking to get a business bank account so i can start to separate my personnel and business $.  I live in PA.  Should i get a business bank account in PA...

Hello BP community,

I'm interested to learn what most investors do with the portion of rental income commonly set aside for cap ex, repair, and vacancy costs.

Does it go straight to the bank? Invested in CD's or a ...

Would you lump all your investment property finances into one bank account or do you prefer to spread them out among several banks? What strategy would you choose? What strategy have you taken?

How much cash reserve should I have for maintenance and maintaining each rental property

Hello all,I'm trying to choose a bank in the Detroit area. I live and invest primarily in the city, so branches there would be really nice. I'm basically wondering where the best place to keep an account is. This is a...

As a new agent, I have yet to really explore the legal and accounting aspects.  I mainly have been concerned with getting listings.  That being said I have been using my personal credit card for all my business expens...