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Results (10000)
Steven Eastman Checking and Savings Accounts
14 May 2020 | 10 replies

I am looking for any advice and ideas for checking and savings accounts for rental properties for purchase and management stages. My questions include:-Do you have a separate savings account for acquisitions? -Do you ...

Priti Gupta First Time House Hacker - Separate bank account for rent collection?
19 May 2024 | 17 replies

Hi, I am new to real estate and I bought a house recently and planning to house hack by renting the basement out while I live in the house for a year or 2 and then move out and rent the whole house. My question is sho...

Benjamin Nelson Using Heloc to buy multifamily
16 February 2023 | 7 replies

Im currently in the process of buying a 4 unit house with a heloc on my personally house. The heloc is a fixed rate however interest only for the first 5 years unless I choose to make additional principal payments. If...

Ana Mills Separate credit cards for each airbnb? Or is that complicated to track?
20 November 2024 | 13 replies

Do you recommend having a different credit card for each airbnb property? I'm wondering if things will get complicated to track if I am paying for things to multiple properties in one credit card.

Mary Jay What account do you use to pay your mortgages on your rentals to avoid comingling ?
16 June 2023 | 8 replies

Hi guys,
Ive been trying to figure out how to pay mortgages on my rentals to make sure there is no co-mingling of 2 different LLC's funds or my personal funds with those LLC funds.
So lets say you have a house that ...

Cristobal G. BOUGHT MY FIRST RENTAL!!!!!! Now Bookkeeping???!!!???
28 May 2018 | 14 replies

So I bought my first rental in Kalamazoo, MI. It's a SFR which I will be living in one room and subleasing the rest of the rooms. Tenants/roommates will be paying my mortgage and I will still have an extra $200 left o...

Lawrence Briggs Closed on my first rental property!
31 March 2023 | 224 replies

I have officially CLOSED on my SECOND PROPERTY—a single family home, investment rental. This means that I now own two properties in Texas!
It only takes that one family member to start the generational wealth cycle;...

Joe Geist asset protection vs better deals
27 November 2016 | 6 replies

How do you guys protect yourselves against being sued? did you begin investing without LLC then move properties into LLC later and risk DoS clause? do you have LLCs or do you use combo umbrella/liability insurance? th...

Will F. LLC for flipping or Peronist name w more insurance ($800 LLC fee in CA)
3 February 2025 | 3 replies

This may seem controversial or “not by the book” for many.  but keep in mind CA has higher taxes and reg fees and I’m not doing more than 1-2 flips (short timeframe flips)  a year and many years do 0 flips
Do most fl...

Rich Sutherland Creating an LLC for each rental
9 March 2020 | 10 replies

Hello All,
I am trying to purchase my first rental and I was hoping to place the rental into an LLC after I bought it. I would be buying it and then changing it over later to the LLC. I was just informed that this do...