I currently only own one 2 family. My wife and I are house hacking, we live in one unit and rent out the other.Should I set up a separate business bank account and credit card?Currently, I am just running it through ...
Hey guys, I have a question! Should I open a separate bank account for each rental I own?
I know an investor who has 12 properties and each property is in a separate revocable trust. His primary home is also in it's own revocable trust.I don't believe he has any asset in his own name, everything in separat...
HI all, I had a question about bank accounts and what is the best way to manage this. I have chosen to go the LLC route for each property and was told the safe bet is to open a separate bank account per property to ma...
Hi all,I am currently house hunting for my first home in the Aurora, CO area and am interested in finding something with a finished basement that I could create a separate entrance for (assuming one doesn't already ex...
Hi all,
I am under contract to buy a two-family for my first house hack! I will be living in unit #1 that needs TLC and will be renting out unit #2 that is already fully renovated. I have spoken to my CPA and decided...
Hi Everyone,Quick question. I heard it is a good idea to have separate bank accounts per property. Is this recommended? Are bank accommodating?Thanks!
As a landlord with several single family homes, is it better to systematically have renters pay on a few different days to the central office or have everyone pay on the 1st of the month? I have known landlords to do ...
Hi everyone! I'm hoping that some more experienced investors can give me some insight and/or perspective on my biggest problem in growing my REI business.We currently have two investment properties that are doing qui...
I just recently finalized the purchase of my first two investment properties. Both these properties are long term buy and holds. I just wanted to get a sense from experienced investors out there on how you guys go abo...