I would like to open the trust bank account with ETrade for my self directed solo 401K plan. Has anyone successfully done so. If so, can you share tips, exact forms you filled. Thanks in advance
Hi BP! I wanted to understand how maintaining bank in partnerships should work considering that my partners and I want to invest but we want the loan to be in one of our names and not all of us. Is it a MUST to have t...
Hello, it looks like I'll be finally submitting an offer this week and the agent is representing both sides and seems to think we are in good shape to make this deal happen.It's my first investment property. I've been...
Hi Everyone I'm based in Australia trying to open a bank account in the USA. Have tried a lot of banks aware that I will most probably have to turn up in person at the branch with the appropriate documentation and US ...
I have a rental i just put on the market 5/2/1 2000 sq ft. It's the first time I am encountering applicants with very low credit scores, several children, and no bank accounts. 2 divorced women, 6 kids, no alimony, ve...
Hello BP community! I'm very excited to be here and always happy to accept any tips from anyone. I'm still on the early stages of my investing journey and I ran into this question while studying. When I do get a prope...
I've established a Solo 401K/LLC (similar to the IRA/LLC structure), but I am having trouble getting the LLC's bank account created. At BoA and Wells Fargo, their applications assume the business owner is an individua...
Hi everyone,If you are not putting a rental property in an LLC, would you open a personal or business bank account for the expenses? Does it matter?Also any specific banks that are recommended for this purpose? Would...
Hello,I am new to real estate world and working on closing my 1st deal thanks to all the tips and tools shared by you awesome folks here!Please help me with this - is it important to open a business checking account f...
Hi All,Should be getting my first deal done this year. I have a question about how you keep and track finances. Do you have a spreadsheet to organize and track them? If so, is there a template you would recommend for ...