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Results (10000)
Sharon Steenbergen How to not "Commingle" funds
5 October 2019 | 6 replies

Hi, I'm trying my BEST here to do my own accounting for the most part.Currently I have an S -corp established for my fix and flips and an LLC for my long term holds.Most of my business funds are in my S - Corp bank ac...

Matt Morgan Multiple LLCs
16 April 2015 | 5 replies

I'm wondering if it's a good idea to open up a different LLC for each rental property or is there too much headache to make it worth it? Also, I'm not asking on whether I should start an LLC vs an umbrella policy. Th...

Kole Kingslien The Flow of Money in relation to Rental Properties
8 December 2017 | 17 replies

Hello BiggerPockets community,I have titled this post "The Flow of Money", so it does not get confused with the term "Cash Flow". I have just purchased my first rental property, and am trying to understand how the mon...

Aaron Junck LLC and being a guarantor
14 January 2013 | 15 replies

Anyone know if when you get conventional financing under an LLC and also being a guarantor if they have ever been able to put a clause or addendum stating that after say 12 or 24 timely payments you are relieved of be...

Mike Simmons How to set up loan / Business accounts
1 August 2019 | 5 replies

Hello all! We are looking to start on our first couple properties. Have found our first one we'd like to submit an offer to. We have a pre-approval for a conventional mortgage. My questions revolve around the loan and...

Gregory Cannan What is the best way to fund an LLC to buy a rental property?
20 May 2021 | 10 replies

My wife and I have created an LLC and are wondering what is the best way to raise capital to buy our 1st rental property? Should we get a HELOC out of our primary residence which we have owned for a little over a year...

Joyce Kim How to avoiding commingling
1 August 2023 | 15 replies

I have a question about how to avoid commingling of funds...I am about to close on my first rental property in my own name and have plans to transfer the title into an LLC later. Once I have the LLC, I will be able to...

Spencer Cuello Getting a loan through an LLC
25 February 2023 | 10 replies

Hello fellow investors,I'm a first time investor. When it comes to getting a loan, do people recommend to get a personal investment loan? Or try to get the loan through the LLC?I appreciate any help. Thanks!Spencer

Jillyan MacMorris Tips to Prepare my Primary Residence for AirBnb Guests?
22 March 2022 | 9 replies

I own and live in a 1B/1B condo near a cute, thriving suburb of Chicago. I travel a lot, live minimally, and I am strongly considering offering my personal residence on AirBnb whenever I am out of town. Does anyone el...

Ethan Griffel Seperate banks account for properties
9 August 2022 | 17 replies

For book keeping or any other reason is it advisable to keep a separate checking/savings account combo for each individual property? Interested to get peoples opinions. Thank you!