Purchasing a property in another state, Michigan, and I'm being told they need my operating agreement for the purposes of creating the deed and for escrow "to ensure I have the authority to sign". In my home state I h...

Hello all, I am new to the bigger pocket forums but have been a listener of the podcasts for some time now. I recently purchased my first rental property which is a triplex in the Granite City Illinois area, a small s...

Hello :) Currently, I am learning about real estate investing and I am interested in fix-and-flipping single-family houses in my area. I have wanted to fix-and-flip homes for 21 years but was under the misguided impre...

Good Morning Bigger Pockets:Can anyone recommend a bank to open a checking account for my IRA/LLC. I tried my local bank and they had no idea what I was talking about....I think they thought I was looking for a unico...

How many bank accounts do you have for your real estate investing? I am trying to decide if it is better to keep each place in a separate account or if that would be unwise?

Thanks,

Shawn

Hello BiggerPockets community,I am new to real estate investing and we now have 3 properties and accelerating.  Before the accounting side of the business management gets too far, I was wondering if there are any reco...

Hello,I’m closing on my first duplex that I’ll be house hacking. And was wondering should I open a business account to help keep my rental income separate from my personal?

I have a property management entity that receives rental income from tenants in its bank account.  The property management entity then pays the rent over to the LLC that owns the rental property. What category of quic...

Hello BP Community!Newbie here and i'm about to close on my First Deal, and i'm very excited! This community has been invaluable in answering questions and providing advice, thank you! While making my plan for the nex...

Hi BP!So I understand the 50% rule, my question is how long to we keep socking money away in that account?Also, do you combine all units' money together into one account?  Do you open a new account for every piece of ...