James Lim
Investment Rental Properties in LLCs
So I'm trying to obtain financing for my first investment property, and want to end up holding the rental property in an LLC for asset protection purposes. I understand that conventional lenders will not allow this, ...
Earl Morris
Rental Properties & Trust
Purchasing a rental property in the coming months, with a plan to have several by the end of 2025. We have a real estate attorney, - Is there a suggested amount of properties to have in one trust? - If so, what is the...
Adriana Escalante
Bellies in Plumbing- Is It Worth the Fix?
Hi BP Community-I've been lurking in forums for a while but this is my first official posting!I'm super new to Real Estate and purchased my first home in Austin, TX last June. This house is my primary residence but I ...
Tanisha Blakemore
Receiving Rental Payments
How do you receive your rental payments(cash, deposited in personal acct, software)? What's the best software for managing rental property?
Ralph Miller
When can I start giving eviction notices?
So I have my first tenant who hasn't paid her rent for the month yet. She is over two weeks late. Unfortunately, our contract doesn't say anything about evictions and it only says I can charge her a $20 late fee, bu...
Tabitha Alvarado
Holdings LLC and Properties LLC - Philly Rental License
Per my accountant's guidance, he suggested I set up two LLCs for liability reasons. A holding company that owns the assets and another that deals with PM/tenant activity. On the deed, TABS Holdings LLC owns the proper...
Alex Geesey
Stessa vs. QuickBooks vs. Other???
I've been looking through the forums over the past couple days to try and find an answer, but haven't really come across many posts that are more recent. I am looking into accounting/bookkeeping software to use for my...
Ryan Collins
Security Cameras For Investment Properties
I'm doing my first partnership flip with my father. He's very adamant about having cameras installed on the property for peace of mind and understandably so. The area the home is in is not terrible but it's not the be...
Rikard Lorén
How do I set up my real estate company ?
Hello everyone, I have been asking this question before but I felt that I didn't get a good answer.So, I'm wondering how you guys have your buisness setup for Real Estate.Goal: Buy multifamily buildings and keep going...
Douglas Krofcheck
Custom Email Address For Each Unit?
As far as automating as much as possible and treating the properties as a professional business, is using custom email address for each unit (like: 123StreetA at company dot com*) taking it too far?Some benefits are y...