I am curious about how people who are already investing (and have been for a while) structure their bank accounts.  As always, I will talk to my accountant and bank(s) when it comes time to get it all setup.  I used t...

Hello,I was told that it is important to open up a bank account per rental property. I wanted to know if anyone has done this and if so what are the benefits and what banks are the best to utilize in the New England a...

I recently bought a building with pre existing tenants. Many of the units have multiple signers on the lease. When tenants move and I return security deposits, should I divide the deposit equally among the tenants a...

Hi All, Someone moved in to my first rental property. She is struggling to pay rent on time. its only the first month. I asked for the first and last rent and she is still short. Any advice on how to move forward? I h...

I just closed on my first deal in mid July on a fourplex and the building is full and has been for the most part since I discovered it. Although during the process of closing one of the tenants (month to month) acquir...

I am hoping one of you will have maybe encountered this situation and can offer advice: Two guys on a lease. Guy 1 is breaking the lease to move across the country. Guy 2 wants to move in his best friend. Guy 1 is pay...

Not sure if this is the right place to post this question.I use invoices for my tenants, and use the  'undeposited funds' option.I had an error in my deposit, so I deleted it. Normally the payments/deposits go back in...

So I am looking at this duplex and it has propane tanks for each unit. So my question is what is the best way to meter the usage between tenants? Take a reading and give vacating tenant a credit? Then apply that addit...

The law in my state is vague. It says you must create a separate account for the security deposit, and you can't mingle it with your own money.

I was thinking of creating one bank account for the security accounts of...

Just got a flyer for my duplex in Hallandale, FL stating next year the utility accounts - water, sewer, sanitation must be in the name of the owner on record, and not the tenants.Owner will get a bill, and be responsi...