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Results (1277)
Njeri S. Refinancing Primary Home, Renting it, then Purchasing New One
14 September 2016 | 4 replies

Hello,My husband and I are thinking of renting out our primary home and purchasing a second. I've read several forums, but I still haven't found an answer to my question. Is it possible to take cash out of the first h...

Orin Hall Advice for Newbie: Pre-foreclosure Deal Landed in my Lap
21 October 2019 | 1 reply

A pre-foreclosure deal landed in my lap recently. I am just getting started so I am looking for help in determining the merits of this unusual opportunity… or maybe not.
The property…
The current tax assessment is $...

John McKee Do you have one bank account for all of your LLC?
29 January 2022 | 4 replies

How are you guys managing your properties from a banking perspective. Do you have an LLC for each property with each having its own bank account?  What has been the easiest. 

JL C. Husband and wife LLC: member-managed vs. manager-managed
20 February 2017 | 3 replies

We (husband and wife) are about to acquire rental property and form our first LLC. From an asset protection perspective and a tax perspective, what are the advantages and disadvantages of choosing a member-managed vs....

Susan Flowers Who has purchased a tax sale property?
19 May 2008 | 16 replies

I'm interested in knowing more about tax sales.Has anyone purchased at a tax sale? In what state? Was it a great price? Was it difficult?Can anyone give me some insight on tax sales and where I can learn more about ta...

Jim Stanley Place to find quick education on self directed ira?
16 December 2020 | 4 replies

I’ve done a few searches and couldn’t find any single place to educate myself.Suggestions?Background:I received a “rollover ira” from my current employer in the form of a check sent to fidelity investments. I want t...

Barry Cooley EIN and Business Checking Account?
21 April 2018 | 44 replies

Good evening BP members. I am going to purchase my first single family investment property within the next few months. I have money in a couple of different personal accounts that I want to use to purchase properties....

Russell Cazeault LLC and simplified bookkeeping
19 February 2020 | 15 replies

So it is recommended to have each property in its own LLC. However, having to run separate books for each entity is a hassle. Is if possible to have one LLC own multiple LLC.s ? Then just run one set of quick books ...

James Phan Charge a credit card fee if the tenant pays with a credit card?
8 December 2015 | 7 replies

Wanted y'all's opinion on this. Not sure if it's legal or not in the world of landlords. 

Tomas Satas What App do your tenants use to pay rent?
23 February 2021 | 27 replies

So I wanted to set up Zelle for our LLC but have noticed in the past that I cannot make transfers to other peoples LLC Zelle accounts if I have a debit card linked to my Zelle.I am assuming that tenants will most like...