Mike Montanye
Setting up bank accounts for rental property
I'm in the process of purchasing our first rental. I'm just wondering if I should be separating my Vacancy, Repairs and Cap. Ex. accounts or if I should lump them all into one savings account?
Cody Campbell
Liability Insurance 1M vs 2M
Hey BP community, I've got a question on liability insurance that goes with each of our properties. We have 5 duplexes and 7 SFH (all between 80-150k value) our current policy has 1M liability per occurrence and 2M ag...
Becky Hoffman
How do you save for taxes?
Do you open an account to escrow your tax costs or is there another way? I'd rather not have to open another bank account if possible.
Kyle Josefiak
Building a Reserve for a Primary Residence?
This might be a dumb question, but the thought occurred to me the other day... obviously when investing in a rental property you factor in expenses like CapEx, Repairs, Vacancy, Prop Management and others. Being someo...
Dacotah Petermann-Turner
What is the best means to invest with a partner?
Hello community,
My name is Dacotah, I'm really new to real estate and have been leaning on bigger pockets for a lot of my education. I've been using BiggerPockets to get started, reading articles and watching video ...
Sunil Kapoor
Bank accounts and email addresses with Multiple LLCs
Hi All,
I currently have 3 LLCs managing my properties, and those 3 LLCs roll up into a "holding entity" LLC, taking my LLCs to 4 in total.
I understand that I need 4 separate bank accounts to prevent co-mingling of...
Aaron Lawrence
Software for document signing & CRM
Happy Monday, everyone. I'm just starting a team and was hoping to gain some insight about which services may best suit our needs.I need a document signing platform like Dotloop or Zipform and also a CRM, mainly for s...
CJ M.
12ft or 15ft telescoping ladder?
I don't do much maintenance on my properties, but just realized I don't own a ladder! I really like the Xtend telescoping ladders from Sherman Williams since (I don't own a truck). They have both 12 and 15 ft versions...
Raymond Singletary
Best Tool To Manage Books(Financials) - New Investor
HI Everyone! I am super excited to have my first rental property! There a lots of things going through my head, but the first is keeping my finances organized. I don't want to create a spreadsheet, so what would yo...
Mitali Binani
What do folks use to keep track of portfolio performance and expense optimization?
Curious, folks with 3 or more rentals, what are you folks using to manage your portfolio performance? Where do you go to get all the data around property performance? How do you optimize your expenses YoY?I have 3 SFH...