It has now been about two months since both SparkRent and WiliamPaid both shutdown their online rent payment services. There was a lot of discussion about the alternatives at the time and I was curious as to what dec...
Hello all,If I am just getting started in investing, and am planning on picking up a few properties this year and then scaling, I wanted to know your thoughts about opening a business.Is it recommended to open an LLC ...
im looking for a mutually beneficial accountability rei here in houston, i have nearly completed 2 successful flips, by partnering, but i believe accountability will bring more benefit also.
Any investors in Memphis have recommendations on small local banks for business checking accounts?
Hi guys, so I’m fully renting out my first multi family property and now I’m living in my second multi family property (house hacking). I have separate checking and saving from my personal life which comes from 9-5 da...
Beginner question here, what is the right method to peruse a house using a private loan. I need a proof of funds letter to show the seller / seller agent. What does this letter have to say? I heard you can use a pictu...
Could someone please give advice on if I should buy my first U.S. property in my personal name or in an L.L.C.? I am Canadian and it's been recommended to me several times by accountants to just buy my first property ...
Dumb question but I am new to this and wanted to get some feedback. When doing a rental property analysis I have items such as repairs, CapEX, and Vacancy. When you actually collect the rent and pay the monthly expens...
There's all these formulas for calculating expenses and backing in to cashflow, right? How do you guys manage this operationally? In reality, rent will hit your bank account, but it doesn't separate itself into specif...
I collect last month’s rent and security deposit when a new tenant moves in. How do most of you account for the receipt of this money? Right now I create a separate account in Quick Books for the deposit of each u...