What do most do in terms of keeping rental business out of personal finances? My eventual plan is to scale - do most have a single financial LLC with its own checking account and each rental LLC finances go through th...
Hey BP,I am a landlord looking to expand in rental properties. I've done it the traditional way of using my credentials; credit, job/salary, personal info. to getting a FHA loan. Although, initially the property was f...
I know I have to set up a separate checking account from my personal account for my rental property but can it be just a regular checking account or does it have to be a business account? can I have my account at the ...
I am a newbie buy-and-hold investor, and in the process of procuring my first rental property, a duplex. I want to make sure that I have the ownership structure set up well, to ensure the best asset protection.I have ...
Hi all!
Brand new to this and just starting to get my feet wet. Will be renting my personal residence out soon to grow my money and enter the world of tea estate investing. What is the best way to separate my finance...
What is the best way you can protect yourself in a subject to deal if your tenant buyer starts missing payments leaving you on the hook to come out of pocket to keep up with the mortgage payments? What if a person in ...
Greetings to all, I'm curious as to your thoughts on mixing real estate investing with family. I'm currently working on some things with my father and at times it seems like the best idea and other times not so muc...
I'm wondering if the group can point me in the right direction. I recently purchased my first rental with a traditional loan in my name. I recently got it rented and wanted to put it in the name of my LLC, so I filed ...
I love this website! I am new here and I have been listening to the podcast, reading articles and scrolling through the forum non-stop. I have a few questions that might be silly or easily answered, but I am having...
Do you have any recommendation for a budget/personal finance app? I am shopping around for an app that gives me a visualization of how my budget is doing. I would consider paying a small ($5~$20) monthly subscriptio...