John Lule
What to Do with My Cash Flow?
Hey Everyone! I’ve been a BP forum stalker for a while, and finally pulled the trigger and am about to close on my first rental property. I plan on reinvesting my Cash Flow back into more properties as I accumulate $$...
Ben Sosa
Refinancing under a LLC
I bought 2 multi families cash in Newark NJ and now I would like to refinance but the bank offer me money under my name but I have the properties under an LLC and I would like to take the loan under the LLC no under m...
Brice Alef-Torrisi
Managing finances between multiple properties
Hello everyone,I recently bought a second property in Michigan and I'm really excited to get it rented. However, I was unsure whether I needed to open a new bank to manage the finances associated with the property. I ...
Joe S.
Buying a car with my LLC
I’m interested in securing an auto loan through my LLC. I have good credit, but don’t want an auto loan on my personal credit. Has anyone had experience with this?
Nilusha Jayasinghe
Property reserves and personal efund locations
Hey all, I'm a smalltime investor currently living in a flat of a Chicago 2-flat while renting the other out, and also have a SFH rental in OH. I'm not looking to scale anytime soon. I have my personal emergency fund ...
Alek Lowry
Trying to separate business and personal
I am trying to do a better job of keeping my personal finances and my business finances separate. What is the best way to do this? I know I should have two different bank accounts. Currently I bank at the local credit...
Mat K.
Transfer fourplex to LLC pros and cons
I’m a new investor into real estate and I’ve just owned my property over two years! Bought it under my name with an FHA loan. I’m currently looking to go conventional on my next property and start buying more properti...
Philip Johnson
Strategy around ten property limit for Fannie ?
It's great that non qm commercial lenders are out there but I am the biggest cheapskate of all time. I still buy from the value menu at burgerking and have a paid off car with 200000 miles. So I don't wanna pay that ...
Anne H.
First Rental- Should we set up an LLC?
Hello,
We are buying our first rental property in MN and are feeling a bit overwhelmed with all the info. We have learned a lot though so far through these forums! What we are currently not sure of is if we should be...
Craig Ward
how do you protect your tenant's identity?
A little backstory,An old landlord/property manager of mine recently used the rental application I filled out back then to apply for a credit card in my name. had I not been watching my reports on a daily basis I woul...