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Hello- I have created 2 LLCs for my 2 rentals that mean I have to have 2 different bank accounts? or I can have just one bank account that can hold all the LLCs. Any suggestions?
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I am a real estate broker. I want to buy an apartment complex with an old 401k by converting it to a self directed and leveraging debt. I understand I cannot draw on the fund and the gains have to be reinvested. ...
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Greetings family. I would like to know which banking institutions and type of accounts you are using for security deposits that comply with Florida law.I have heard to use an escrow account. However, I called Chase ...
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Hi, Hope this finds you well!
I am a new real estate investor trying to set up my QuickBooks online so that I can do my own bookkeeping. So, I have this final settlement statement from my title company. It lists...
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I am a complete beginner for real estate investing, but I have lots of interest in starting my path to financial freedom. I current work with my Father who also wants to invest in real estate and we have thought of th...
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I hear almost nothing about this in the forum or on podcasts. How do you all set up your banking systems? Do you have banks you like to work with? Do business accounts make sense? Why or why not? Do some of you get cr...
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I have been a property manager (and my wife a realtor) for many years on a smaller scale; helping out relatives and friends. But recently my company has exploded in the Hamilton County, IN area. I knew never to touch ...
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Ok I have one company that is Incorporated already and I have started this real estate company thus far. As a DBA under the first company. My question is do I need to open another bank account to put my checks in fr...
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I have someone that is wanting to invest in my company. They want to roll their retirement over to a Self Directed and we need advice. They were recommended by their financial advisor to talk to Pensco and so far they...
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Hello BP! I have a question in regards to good financial bookkeeping companies. What are good companies to use for personal finance and business finance? I hear mint.com is really good for personal but you can not pri...