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Would you lump all your investment property finances into one bank account or do you prefer to spread them out among several banks? What strategy would you choose? What strategy have you taken?
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my wife has a single-member LLC, and I have a single-member LLC.Once in awhile, one or the other LLCs needs cash, Can one company write the other one a check? Or we have have to use are personal accounts to move the ...
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First off, I'm not a savvy investor, (forgive my ignorance) I have been trying to learn the ins and outs past couple years by reading on here and listening to podcasts. I own 3 properties, one of which is a paid off...
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Hi BP Family,I just setup my LLC and want to move my rental from my personal name into the LLC.The problem is two fold: 1) I have a 3% loan on it that I don't want to let go of 2) I have a heloc on this property.How d...
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Any good books not normally recommended that you've read lately?Just finished Robert Kiyosaki's Second Chance. Great, light read about general financing and why to keep your money moving. Lots of charts and graphs for...
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Good evening. I hope all of you seeing this post are doing well. I am a novice to the real estate investing world. I unfortunately was not afforded an opportunity at a younger age to be exposed to the power of pass...
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Hello Folks, I’ve been listening to the BP podcast for about a year and ploughing through the archives. I had a rental property years ago but sold it when kids were young and I didn’t want to deal with it. I’m older a...
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Looking for some feedback on on first potential deal. Looking to purchase a 3br 2ba for 68k. About 12k in repairs. In the repairs we'll be finishing a 4th BR and 1/2 ba. Unit will rent for 1700/mo. I would be purc...
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Hello fellow BP members!So I'm trying to decide on a strategy for buying my first out-of-state investment property. I have no experience whatsoever in real estate investing. All I have under my belt is I've read sever...
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I have a savings and checking account for my llc, and each property, all under the same banking app. I also have a separate mortgage account for each property. When you add the accounting into all of this, it’s been q...