Rich Jordan
Submetering - Average Cost per Unit?
Currently looking at a 30-unit property. It was built in the 50's and the owner pays water, gas, electric for the property. Does anyone have a general idea of what it would cost to submeter one or all of the utilities...
Account Closed
Two LLC's, Two Bank Accounts?
Hi all,Currently I have one LLC and a business bank account associated with it.If I create another business, does it make the most sense to create a separate business bank account for it?Thanks,Ben
Peter Bardou
Utilities included in rent? Limited by lease? HELP
I just acquired a duplex where utilities aren't separate for the two units. Does anyone have experience with a property like this, and limiting "usage" in the lease agreement? HELP!!
Rosalind T.
Creating a Series LLC structure for RE Investing
Hi BP community,When setting up your initial LLC for your investments, has anyone ever used a Series LLC for the ability to create multiple separate series under a main LLC? My understanding is that this is possible i...
Elsa Liu
Can Section 121 be claimed every year between husband and wife?
Question about the Section 121 Exclusion, the “Capital Gains Exclusion”. $250k limit for single and $500k for married. We are married but can we be treated as single? All our properties qualify for the “two out of fiv...
Matty Bee
Bank account question
Hello, I'm about to close on my first rental property. I'm going the traditional 30 year lender mortgage on my personal name I'm not sure if they have a due on sale clause but lets assume they do and I can't move this...
Andrew Bolton
Adding Duplexes to property with a SFR
Hey there. I am looking at 3 acres of land in central NJ that currently has a run down single family on it. I've been looking at a scenario whereby I:Purchase the land/house for $400kPut a little bit of $ into the ex...
Derek Young
Rental Finance organization help
Hi all!
Brand new to this and just starting to get my feet wet. Will be renting my personal residence out soon to grow my money and enter the world of tea estate investing. What is the best way to separate my finance...
Carolyn Morales
How to convert single family to duplex in pud
If a home is pud 2 or less units per acre and its 1.39 acres 100 wide by 600 deep and 2684 sq ft home and also a 28 x 40 slab in back with utilities available. What would be the best maximum thing to do with this pro...
Thomas J. Clifford
FINANCES & BOOK KEEPING: Most effective way to budget REi funds
Hello BP!I was listening to the podcast last night (Show 92 - No (and Low) Money Down Real Estate Investing with Brandon Turner), and in it Josh and Brandon discussed creating separate LLCs for each property partnersh...