Samantha Kincaid
How to set up bank accounts
We are closing on our first duplex any day. Should I create a new checking and savings account strictly for rents/expenses? What are the advantages, as opposed to using our personal account which in this first year wi...
Thomas Wang
Cleveland Eviction Experiences
Cleveland Eviction Experience Do you any know any landlord who won an eviction case in Cleveland recently? I would love to hear about your experiences if you don’t mind. An another landlord had to send a pre-paid Uber...
Wesley Kuo
Tenant Is Not Paying (Southern California)
Greetings BP family,I anticipate my amateur story will bring harsh criticism, but I really need some help before the situation snowballs into catastrophe. Here it is:One of the tenants in my duplex rental in Whittier,...
Matthew Banks
How to manage expenses across multiple properties, LLCs, partnerships, etc.
Hi, we manage properties in a partnership and in a couple LLCs. We have Lowes and other accounts to purchase materials for repairs or renovations. Those expense accounts need to be paid with funds from the correspondi...
Erik D.
Association Account being used for Pizza, Groceries, Gas, Liquor
Hi everyone,I have a situation on my hands that I am not sure how to handle.I live in a building that has 4 units. Each unit is individually owned. We have a self-managed association.The association has a business che...
Danny Puchalski
Landlord Requiring Repairs in Lease
Hi All! I have a quick question regarding what a landlord can require in terms of repairs. I've been living in my place for a couple years now. It was just sold to a new owner, and he wants to set up a new lease. It a...
Nick Albin
How much money did you start with?
Basically like it says above. How much money did you have when you first started off in the business? I know we all had different reasons for getting into this and different financial positions.
I have two properti...
Cameron Kirby
Buying a house for Mother In Law
Need some advice. So currently my in-laws are getting ready to sell their house and go their separate ways, while staying legally married. He will most likely need to file bankruptcy here in the near future (credit ca...
Jared Baker
Bookkeeping as a Solo Propriater
Hello BP. Not sure if this is the right place for this post or not but seems close.I just bought my first rental property, a triplex. It needs some work, but one of the units is already rented so I'll have that inco...
Matthew Crawford
Creative Direct Mail Marketing
Hello and Happy Tuesday to all here on BP! My name is Matthew Crawford and I would love to open up the floor for any thoughts, advice, experiences and success stories within the realm of creative REI marketing. I curr...