How does it work to have tenants deposit directly into your bank account? Do you just give them your account number? Isn't that dangerous? I've never heard of this and would like to understand the mechanics.
TIA
Trina

We recently formed an LLC and transferred the titles of our two investment properties to the LLC. Also we set up separate bank account, credit card and insurance to keep finances separate as we were told to do.Just re...

Hello,Do you need to tell the bank that will lend you the money for the loan that you will later on transfer the rental property under an LLC so they will not maybe do a due on clause on the property and also should h...

I have read that there are a number of obstacles when buying a SFH under an LLC (i.e. having to use a commercial lender, higher interest rates, shorter amortization and balloon payment after 5 years). As a result, man...

im currently buying a property and after i purchase it I will be transferring the title to my llc but the banker is telling me that I can not transfer the loan into a llc in addition to the title. They are requiring t...

what happens if the buyer g-d forbid dies on a sub to deal, how can the seller be protected from this?

Hello everyone I’m currently UC on a property out of state and contemplating on managing it myself and finding my own tenants. I know this will be difficult at the start but need to start somewhere. Does anyone have a...

I want to buy a 3-family in an LLC but can only get mortgage on personal loan.
I am getting conflicting advice from RE Lawyer and accountants.
ANy advice would help, esp. if you did this in New Jersey

* Can i buy in ...

Hello,I own a single family rental home in Memphis.  i bought it and financed under my name not knowing any better (in 2015).  Looking now to put it under an LLC (which I have already), but my current mortgage holder ...

Hey allWe are starting strs with Airbnb being our primary income source currently.For you airbnbers, when does airbnb pay the owner or the rental property? At time of booking, some other in the middle or when they st...