Hello BP. Not sure if this is the right place for this post or not but seems close.I just bought my first rental property, a triplex. It needs some work, but one of the units is already rented so I'll have that inco...
Hello everyone! I just got started in the real estate game. I live in Charlotte, NC. I would like to make an offer on a property and/or house hack soon. I currently have my personal bank account with BB&T. But I b...
Afternoon BP Community,I am beginning my RE Investment after months of paralysis analysis. I will be investing in a Syndication after doing a lot of research and homework, I'm confident it will produce great cash flow...
I know I have to set up a separate checking account from my personal account for my rental property but can it be just a regular checking account or does it have to be a business account? can I have my account at the ...
You are not a CPA. You are not a lawyer. Yadda yadda yadda. That's ok. I have my own I'm asking. But different opinions are always valuable.
I took out a HELOC on my primary residence that I plan on transferring int...
Hello BiggerPockets community,
I’m a relatively new member to this forum and REI. BiggerPockets seems like a fantastic source of knowledge and tools for my future investments. Just wanted to try and establish a step-...
I am new investor, I finally secured my first property. Due to my title company/lender I am not able to put in my business name til a year out. I started putting the money in my business bank account but recently jus...
Hi,I have accumulated several single family houses in Indianapolis and was thinking about refinance and move them from my name to LLC. Assuming I was about the do a cash-out refinance using a portfolio loan, the fund ...
So the wife and I decided to start an LLC for purposes of shielding our identities (although I know it's not perfect) and limiting potential legal action. My question is the properties that we own are in our names. D...
I have a duplex that I plan on moving into an LLC. However this is my first rental(s) and was wondering what I should look for from banks when setting up a business account separate from my personal accounts?