Steven Anderson
Mother receiving rental properties after divorce
Hello - my mother is in the process of finalizing her divorce with my father. She will be receiving an LLC with 6 rental properties (1 has a promissory note that will be transferred to my mother) by May 1. I'm looking...
Jesse Kindra
Received Notice of Bankruptcy from Tenant
Hey Forum - I'm wondering if you have any advice/comments on how to handle a situation where a tenant who was delinquent also filed for Bankruptcy, I was just told by the PM that they received a Notice of Bankruptcy a...
Carolina S.
Verifications after receiving a rental application
Hello all, First time screening tenants and I could use a lot of help, please!We have listed a SFH on Cozy and received an application. The credit and background check look fine so I'm moving forward with the verifica...
Raja Maan
Accounts Receivable Financing For Growing Businesses
Accounts Receivable Financing For Growing BusinessesFor growth-focused businesses, securing capital to get to the next stage of development often means taking on extra debt. Unfortunately, traditional loans, and all t...
Christian D.
Real Estate Salesperson Receiving Commission Structure
I am transitioning from a W2 salary position to a full-time real estate salesperson (in Charleston) and was curious the best way to set up receiving future commissions. The Broker-in-Charge has asked me if I would lik...
Andrew DeWeerd
How to receive funds from partner?!?
Hey everyone, I’m on my first investment deal right now, with my partner/father. He is putting forward the entire down payment, 25%, on the duplex we are going in together on. We made an LLC, but obviously can’t get f...
Hyeseong Park
When receiving payments after selling houses
Hello all, This is a newbie flipper who is about to sell my flipped house.I bought the property with a name of LLC and I have one question while selling it.I assume that I will receive payment for selling the house as...
Soh Tanaka
How to receive rent in QuickBooks
I always used "Make Deposits" or "Create Invoices" to receive rent in QuickBooks, and it was all good. Now, for the reason I don't understand, when I create a report called "Transaction Detail by Account," (which is o...
Gulliver R.
Cheapest way to receive money electronically
Hello BP!
Does anyone have advise on the cheapest way (preferably free) to receive money from multiple tenants/people per month (30+ units)? Venmo is nice and all but they have receiving limits. I'm looking for high ...
J M.
Receiveing money, Logistics and tax question
I need to know how would you approach the following scenario.
You have a friend that owes your family some money, so he will be giving you 50k. He has the money in his bank account.
Logistics wise, would it be bet...