Geoffrey Lau
LLC funding - Personal funds / legal liability
Hi BP Community,
I'm in the process of setting up an LLC and have questions regarding the initial funding of the LLC. The plan is to purchase a property under the LLC but in order to do so, I assume I would need a se...
Michael Doherty
Closing on 2nd Duplex Should I set up another account?
Hi all,I am closing on my 2nd duplex in December and want to stay organized. Curious to see how people stay organized from a financial standpoint with tenant security deposits and separate banking accounts. Right now ...
Jason Scavilla
Checking or Savings account per each house
Should I have a separate checking or savings account per rental house. I currently have 3 rentals (just closed on the 3rd one a month ago), and the rent money currently all go into 1 checking account. I have Bank of A...
Amy Ranae
Where do I get my self directed solo 401k?
Hi everyone,I have a few old solo 401ks at vanguard that do not let me self direct. I’m looking to roll them into a different bank that will let me send direct and make loans for real estate investing to take advantag...
David Roberts
HeLOC Question
My girlfriend and I bought a home in 2010. We now have at least 100k equity in it. My girlfriend has the mortgage in her name and I was quit claim deeded to the house. Can I get a HELOC on this house? I assume I c...
Juan Pardo
Understanding Title in the United States - Foreign investor
Hi all! I created this thread as a spin-off from this other thread:
We Loaned on a Stolen House
https://www.biggerpockets.com/...
I am trying to understand the differences about closing on a property, and particula...
Mike P.
Seller financing with seller owing taxes
I'm trying to buy this single family home through seller financing, this would be my first investment property deal. Renters are already in place, home is turnkey except for new carpet that the seller will put in. I s...
Gia Broussard
Cozy Property Management App
Has anyone used the free Cozy app to manage a rental property? And if so, what pros/cons did you experience? I will be managing my own rental for the first time in a couple of months, and I'm on the hunt for a good, u...
Tanya F.
Rent check missing
This has just come up for the first time in 14 years of landlording. The tenant pays us through their bank auto-bill pay. They are usually right on time, we get a check in the mail from their bank on the 1st or 2nd ...
Alex Varner
Oversight by Title Company and Closer!
Property tax question for here in Michigan (Grand Rapids area specifically). From what I've gathered summer taxes cover you from July 1st (current year) - June 30th (upcoming year) and winter taxes cover you from Dece...