Samantha Kincaid
How to set up bank accounts
We are closing on our first duplex any day. Should I create a new checking and savings account strictly for rents/expenses? What are the advantages, as opposed to using our personal account which in this first year wi...
Mark B.
S-Corp Vs LLC for Management Company
Good morning all! I would like to preface this with - I have been looking up the answer for this throughout Biggerpockets and other forums for a few hours and have not found what I'm looking for. If anyone does know ...
Austin Wood
Who do you hire to take care of a property remotely?
I live in Ohio, but Buying a property in victoria Texas that I plan to sell with seller financing. Who can I hire to hold the keys when current tenant moves out, let contractors in for any repairs, and show the proper...
Shawn Luke
How do I buy homes with a friend?
Hi everyone,My friend and I would like to start purchasing single family homes as rental properties. I'm struggling to understand how to start this process. I read about LLC's, and how its difficult for it to obtain l...
Noah Jenks
LLC, S-LLC, Corporation? Where to start?
I've bought and flipped 2 houses over the past few years and now I'm moving into rentals. I'm operating primarily out of the Texas foothill region but will be expanding to Kansas City in the next year. I know I need...
Account Closed
Cost for full gut(or close to it) renovation in Detroit
Hello Forum, I recently purchased a property in Detroit, house was built in 1927 electrical and plumbing essentially original to property. It's currently set up and zoned as a Duplex about 4400 sq ft(including attic a...
Dan Lambert
Tax Professional and Strategist needed
I am in need of a REI CPA . I live in the Melbourne Fl. area. I know that BP has a directory for Tax Pros but they are mostly if not all out of state. Wouldn't it be better to have an in state CPA that understands the...
Mike Sather
Is anyone using "Worry Free Waivers"
Hello All!I was wondering if anyone has used the worry free waiver insurance from Furnished Finder. I can see where it would be attractive for the tenant, but it seems that it could be a hassle for the landlord. Any i...
Joshua Baldovino
Helping calculating ARV for a duplex in a commercial loan
Hello. I’m trying to figure out how much I’d leave in a Brrrr deal originally financed by hard money. The duplex we have under contract is the smallest of all the comps. However, on a cash out commercial refi, do bank...
Kevin D.
Used mobile home price assumption
My wife’s family has a challenging ag property issue (to complicated and off subject for this category on the forum) and I’m seeking cost tips on used Mobile Homes.
• How much for a simple but livable unit? (ignorin...