I purchased a property April 1st of this year. The deal came quickly and I closed without having an LLC or an LLC bank account set up. I'm also in the process of filing a quitclaim deed to transfer title to the LLC (n...

Howdy BP Colleagues!Which National Bank do you feel is the best for operating your Real Estate Business? I'm looking for a bank that's easy to work with for capturing payments, wire transfers, running financial repor...

Taxes: Where to manually input a Utility Reimbursement that my Property Manager put in Box 3 (other income) of the 1099-Misc? I’m using TaxAct btw.

I am trying to use a HELCO to purchase my first rental property but the C.U. i am using said we do not support the transfer into an LLC. How can I still use my HELCO to buy the rental then transfer the rental into an ...

Hi BP,Quick question, if you purchase a rental property and inherit 2 tenants, how is the security deposit handled?  Is the seller responsible for transferring the security deposit to the buyer or is the buyer now lia...

We have a new LLC formed in WY. My credit union in TN doesn’t open accts out of state. Any suggestions for low fee banking in WY? Thanks in advance!

I am about to close on my first property in Tucson, and I am planning on listing my other home on airbnb ( and in a year, adding the tucson property).  I have an LLC that is an S-Corp that I am not really using, but h...

Hello BP!I am currently trying to obtain a HELOC on my primary residence. Most likely we will be using it to do some rehab on the house prior to selling it (if that plan sticks). In general just want to have access to...

You have $100k liquid funds available for your MF investment. Where do you keep your funds short term?

Hey guys,

Do you use biggerpockets.smartmove.com for your tenant screening? If so, how do you like it compared to others? If not, why not and who do you use? I used it for my prop and it seemed to work really well. W...