Jackie Hung
Electronic rent payment vendors - eRentPayment or alternatives
Hi, I am currently using eRentPayment. I have just leased to a new tenant and this is a tech guy but he was having a hard time getting it set up. I am partly to blame as I didn't send him the email template that I got...
Timothy Finley
Is it worth setting up an LLC?
Hi, a family member and I are considering investing in our first investment property. I've read that forming an LLC to purchase the property is a good way to protect ourselves from liability. However, I also underst...
Derek Mitchell
Deal Review in ABQ
Hey Guys. I've got a deal I would like some input in. I've got the opportunity to purchase a SFR subject to.
The current loan on the property in about 135k and it is valued at 150k. The payments ...
Roshan T.
Setting Up Rental Property as an LLC
Hi BP community,Rookie here looking to learn how to set up the "business" of rental properties. - Incorporating an LLC,- Opening a bank account for LLC- Establishing accounting book- Working with CPA's, attorneys, etc...
Koel Gaylord
usbank say "no" to deed transfer.
I bought a duplex in 2010 in my personal name, however, in 2012 I formed an LLC and last week I called my bank to let them know that I plan to transfer the my personal name from the deed into my company LLC
The bank...
Danny Chan
Deed Transfer List? Any Good? Where to get one?
Hey everyone - I've heard somewhere, maybe here, that a deed transfer list might be a good list to target?Anyone know why? If it's a good list, where does one get deed transfer list?Any advice would help. Thanks
Bienes Raices
Something to think about before using small, local banks
Thanks to the advice on this forum, I was able to get a cash out refi from a small, local bank in my area when no one else would consider me, which was fantastic. Subsequently I opened a bank account (in my LLC's name...
Eric Hipolito
Creating LLCs, structuring growth and/or hiring outside companies
I have my first rental property under my name and I know I need to transfer it to an LLC asap. But now, I've fallen into the rabbit hole of creating LLC's, structuring investment portfolios, protecting assets (holding...
Amy Lee
Late utilities transfer
I was being naive and let the tenants move in without having utilities to their name. I outlined this in the ad but nothing in the lease. At this point, I'll be paying for their utilities for 1-2 weeks. I can't make c...
Kuvaal Patel
Question about Loan Payment when my loan was sold
Hello! I closed on a property July 15th - my first payment was supposed to be Sept 1st, and I set up autopay on my online account to deduct it on Aug 27th. I noticed that the payment was never pulled and on my mortgag...