My question is: should I get one checking account for the deposits of all the tenants in the building or do I get separate checking accounts for each tenants security deposit? I'm asking because if I get a 25 unit apa...

Hello!I am about to close out on my first rental property and wanted some advice on storing the cash flow every month. Should I open up a separate bank account? Or is there like a certain type of app that you guys use...

Hello everyone!

My name is Cameron Miles and I am currently active duty military (USMC) with a little over 7 years of service, however I will be separating from active duty in 10 months. My plan is to move to...

There's a scenario where a borrower would like to pay upfront for 6 monthly P&I payments. Are there any legalities or statues to consider? I was thinking one could setup a separate bank account, deposit the upfron...

Hey BP,

I'm about to close on my first investment property in the next week or two, and after doing some renovations I plan on renting it out. I know that in the state of Florida landlords are required to put securit...

I only have one rental property, and I use my personal credit card to purchase whatever I need for the property.  Any thoughts on exclusively using separate credit cards for business and personal expenses?  My main co...

Hello All!I am new to this community and have already found great value in the books, blogs, forum, and podcasts. Thank you to all! My parents have invested in Montana over the years and I have helped with the finance...

Hi, I just went into contract for my first rental property a week ago.  the property i'm purchasing is already in contract with my personal name, as I read many articles about how setting up an LLC is overhyped.  I ha...

As an agent here in Western North Carolina I have been posed the question by a client whether or not it is better to have a separate bank account per investment property or to have all the income flow into one account...

So I have a tenants that are moving in that are related. Specifically it’s a daughter and a mother. The daughter and mother are both on the lease but the daughter meets the income requirements alone so effectively pay...