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I’ve always had this concern do u need a business account bank account or you can use your personal account bank to do real estate investing. Do u need a create a different account if u put a property under an entity?
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Hello fellow investors, I am contemplating setting up my new rental property investment business via a Wyoming or Nevada S Corps holding company and one LLC per rental property I buy in multiple states. However, if I ...
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New BP Pro member here. Does anyone have any recommendations, or even better any spreadsheets, excel or web-based, they use to keep track of all construction expenses for Flip/BRRRR properties? I BRRRR several prope...
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Background: We are currently under contract for a duplex that in 1998 had a deed for each address, but in 2004 has one deed for both addresses. The appraisers office has a shared parent parcel id and then each prope...
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Hello! Being a personal finance coach, I am very experienced in writing and following budgets that have my best interests in mind. That being said, I am brand new to real estate and I am unsure the best way to manage ...
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I have a 5-unit mixed use property that I'd like to use RUBS (ratio utility billing) for until I can physically separate the utilities. All of the places I've contacted have told me they won't work with smaller proper...
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How do you keep your rental property expenses separated by property? I am trying to come up with a good system that doesn't require a ton of work on my part.Do you have a separate credit card for each property? Do you...
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I listed my first SFH and it is officially rented. Im wondering about how to get rent automatically deposit in my account?
Also, would you have a separate account just for real-estate??
I appreciate your comments!!
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My current self-directed IRA custodian does not have a brokerage account option. I have a self-directed Roth IRA that owns real estate and invests in notes but am considering diversifying into a brokerage account. As ...
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Hello biggerpockets family, hoping to get some advice/ tips on how to go about collecting rent. I currently have them Zelle me to my personal bank amount but I’m Wondering if it’ll be easier to manage using a platform...