Eric G.
Best way to pay a vendor from a distance?
Because I'm not local, I have been mailing checks to vendors & workers upon completion of jobs. However, many of them prefer to receive payment immediately upon completion and the mail takes a few days to arrive.(...
Max McQueen
Choosing the Right Bank for My Real Estate Investment LLC
Hello BiggerPockets Community,
I'm kicking off the new year with an exciting venture: I've just established my own real estate investment LLC!
I'm currently exploring banking options that align well with this specif...
Bo Tully
Security Deposit Trust Account in Washington State
Hi all,I recently picked up my first single family home rental property in Washington State. I have a question regarding the account needed for holding a security deposit. The state of Washington requires security dep...
Benjamin Amaral
Consecutive Storms Cause Damage to Tenants Car
I recently posted about a significant wind storm in October causing damage to one my tenants car (windshield and body) when branches from the tree in my driveway fell onto their SUV. This was a significant wind storm,...
Sam Leon
Providing proof of repairs to insurance after hurricane damages
I have a kind of an odd questions for fellow landlords or if anyone is in the insurance side.Last year when Irma hit South Florida, I suffered quite a bit of damages on a number of my rental.A particular one is a mult...
Jason Hitchcox
business account - national bank vs state bank vs credit union?
For a new REI business account (LLC), is there an advantage of setting up your business account with a large national bank, or a small state bank, or a federal credit union?
I've already read to avoid BofA. Are there ...
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HI all
hi new here im from nyc interested in learning about realestate investing,such as flipping houses.
Oliver Wright
Where in BofA can I find my house that accidentally went REO?
My closing fell out because seller held fraudulent title. House went REO. This was about a month ago. I want to find whoever in bank controls it so I can buy it (as intended) before it gets re-listed (or sits and rot...
Oz Radiano
Opening a bank account for my LLC as an out of country investor
Hi all,In short, I want to open a bank account for my LLC and having difficulties as I live outside of the USA.All of the major banks I talked to (BOFA, Chase, JPMorgan) requires me to arrive to one of the branches, w...
Daniel M.
Best Online-Only Business Banking Solutions for Real Estate LLCs
I am looking for an online-only business banking solution that offers:
1. High Transaction Limits: Real estate transactions often involve large sums of money. Investors might require a business banking account with h...