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Results (10000)
Bill Couture Issuing rent receipts for rent payments?
30 March 2021 | 43 replies

Hello. What are your thoughts on mailing a receipt every time rent is received? I have a resident complaining that I don't mail one after explaining that her cancelled check or money order stub is proof of payment. I ...

Tamera Muniz Mortgage company denied request to transfer property to LLC
1 May 2024 | 16 replies

So my husband and I bought our first investment property in November and Chase is our servicer. We opened an LLC to transfer the deed and have been working to get a consent to transfer from Chase. I just got a respons...

Aubrey Prado Lenders, first time LLC owners, and first time BRRR
2 June 2019 | 9 replies

Help! We are currently under contract for our first BRRR property. We recently established our first LLC to start putting our rentals into (we currently have two other SFR) but lenders don't seem to like the idea of l...

Patrick Wang LLC question and a few others
24 February 2017 | 3 replies

Hi guys,

I'm a first time investor and just recently bought my first home. I've scanned through the forums and couldn't find anything like my situation.

I had previously set up a dedicated LLC for the sole purpose...

Serge S. Due on sale clause was called by bank!
28 April 2023 | 133 replies

I wanted to share a recent experience. I recently received a letter from one of my lenders (Flagstar bank) calling out a deed transfer I made around 2-3 years ago. I transferred a deed via quitclaim from my name into ...

Michael Klinger Business Banking Cincinnati
22 July 2018 | 8 replies

Hopefully not too off topic? I'll try to avoid asking "where does a multi-family investor buy a set of toe nail clippers?"But... I need a new bank where I can open up a pile of business cehcking accounts to operate Ci...

Sean Weichel Can my rental bank account be linked to my standard bank acount?
14 May 2019 | 14 replies

I have opened another checking account at my bank. I have it linked to a couple of my savings account and plan to run all my rental business through just the new checking account. Im trying to find the best way to mov...

Mark Rocka Can you BRRRR into an LLC?
23 July 2019 | 42 replies

I keep hearing and reading that moving a house into an LLC can trigger a “due on sale” clause of a typical mortgage. I got to wondering, what if I buy a house for a BRRRR strategy directly into an LLC with cash? Woul...

Trace P. For LLC must payments be made from LLC bank account?
18 November 2019 | 9 replies

Hi! If I set up a LLC to hold my real estate, must all my business expenses be paid via the LLC bank account for annual accounting purposes? For example, my air ticket expenses, food during my business trips, hotel, p...

David Kirkpatrick Self Managing Multiple Portfolio's
19 September 2023 | 5 replies

Hello Friends! As a brand new investor I own two portfolio's totaling 11 properties consisting of 19 & 16 Units. Both portfolios are owner financed and in two different LLC's. I am self managing for now as I want ...