Mary Jay
Is it ok to pay mortgages from the property management bank account?
Hi guys,I have a property management company that has a separate bank account and all of my tenants deposit the money into this account. Lets call it "Mary's Property Management LLC"Is it ok to pay mortgages from the ...
Frank B.
QuickBooks set up for Rentals, separated and consolidated?
I have done lots of reading around here about folks using QuickBooks for their rentals. I am interested in doing something similar, but I’m not sure I understand the capabilities of the different versions and how thin...
Casey Christensen
Selling house to Tenant
We have a townhouse that we are selling to the current tenant. We are not using an agent so that I could give her a better price and still get the equity out of it that I wanted. I think agents are great and have valu...
Kate J.
Insurance for a property out of my state
Hi, I need to purchase a landlord's insurance for an out of state property. It's a first time I am doing it. What is the best way to find a good pricing? Should I find an agent in my state to search insurances out of ...
Nazimcan S.
What is Coliving? Why should you care? What are the benefits?
Hi BiggerPockets community,I want to share some insight on the growing industry of Coliving. It is a model which is answering a number of market demands both from the tenant and landlord side. The post is a bit longer...
Keri Middaugh
LLC structure in Michigan, juggling the bank accounts
Hello, everyone, my question is about how to structure my rentals and flips in 1, 2, or more LLCs. I've perused the forums and haven't quite found what I'm looking for. Ideally, I'd have a simple system that does no...
Jake Kucheck
Escrow Company Fees- Homogeneous or Varied By Location?
Locally, we get a pretty good deal (by my standards) on our escrow fee. $500/file as a flat fee, not a % of the purchase price. Our deals tend to be from $125-200K.
On a retail deal I'm doing at the moment, the s...
Maria Vogel
FSBO paperwork
We found a great FSBO deal-I talked to a real estate agent about writing up the paperwork for us and he wants to charge us $1500 to do the paperwork. Is this a typical fee? It seems high. We are doing a partial owner ...
Chris Clothier
Passive Investors and Turnkey Investing Due Diligence
There is a difference and a different approach that passive and active investors should take when performing due diligence. After 23 years buying and selling real estate, 18 years owning and operating a passive, turn...
Maria Nicole
Real estate wholesaling questions and answers
When virtually wholesaling should your title company be in your state or the state the property is in. Should the title company be accessable in person to you or the buyer/seller, or does it not matter and the title c...