For those of you who have a single family home in your name, use an umbrella insurance policy, and have no LLC, I assume you have the tenant write the check to you directly? Do you have a separate bank account just fo...

How easy or hard is it to set up an entity/business and obtain business credit? Specifically being able to use one's business credit to finance properties to be used as a primary residence or an investment property? W...

What is the requirement to get the approval of credit card for LLC? Can I use my personal credit card for LLC expenses? If I can not use my personal credit card, which bank do you recommend to apply for credit card?

Would you rent your condominium or any property to a tenant who says upfront that they have no credit history but can show pay stubs that they could afford the rent? This is my first post here by the way. I appreciate...

I am trying to learn some tried and true old school methods for manually managing paper rental property and business records. I can't believe how difficult it is to learn about old fashioned record keeping methods. I ...

Hi BP members, I have just created LLC and holding LLC. I am trying to open the bank account for this newly created LLC and was wondering if there is any banks which is better than others. I was thinking chase , wells...

Hi All, I am pretty sure I asked about this before but I can't find the thread. I talked to my tax guy again and he is making me open a bank account at a different bank. Well technically I bank at a credit union. I am...

I will have 2 houses owned out right in the short near future. I am trying to figure out the best way to draw my money back out. One house I've owned for over a year the other I'll be closing on in December. I don't k...

I have a couple of international students living at my house.  The problem is they don't have a US Bank Account and not enough cash to cover the rent each month (and their other expenses).Last month (the 1st month), w...

I’m looking into different ways to fund deals and am curious about using my 401k, IRA, and/or stock accounts on margin to help fund my deals. I’m looking for answers to questions like:• How much can I borrow?• Am I re...