Hello All, I'm looking for some advice on the creation of a checking account for a R.E. investment business. I'm unsure if I need to set up an individual checking account for every LLC, or if I can have one LLC manage...

Hello Bigger Pockets Community, I am looking to close my first wholesale deal here in Yakima Washington. I have a small list of buyers. A list of 50 properties I created from driving for dollars and a list of 15 prope...

Hi everyone, I have a question - strictly from a liability standpoint, which is better, holding residential rental property title in an LLC or just having an adequate umbrella policy? Has anyone ever heard of instance...

Hello BP,I know in general, most recommend using LLC when buying property to some way to limit your liability from the property. 1. Any disadvantage of LLC over owning individually?2. Do you get less preference from l...

Hi Everyone,I'm a CPA with 15 years experience working with investors, developers, and homeowners providing tax planning strategies, accounting services, and investment analysis. I've been referring out my clients who...

I was talking to mortgage company loan officer and I mentioned that I would be getting a private money loan from a friend for an investment property I’m looking to buy. She said that the bank will generally frown upo...

I have a house being rented out to 4 individuals. All 4 are on the lease. 1 of the individuals is leaving town and asking for documentation that they are no longer held to the lease. I'm fine with letting this individ...

Hi Bigger Pockets Community, I am closing on a property that is currently rented to a company (church group). I am going to offer the ability to continue staying in the property after completing my rental application....

I'm new to real estate investing but I have a strong construction background working as a Senior Superintendent for a large contractor. I live in Jacksonville, FL but work up in Savannah, GA. I'm trying to find groups...

Hey BP, need some guidanceWe are currently in negotiations on an 11 property portfolio (have been for over a month and a half).  Purchase price: $625,000Owner financing: $385,000 (3-year balloon)Private investor provi...