Blake Dials
Multiple Bank Accounts
If I am renting a property of mine just under my personal name do I need to set up a separate bank account and pay the property loan, taxes, insurance etc out of that separate account? Or can i just pay everything out...
Matthew B.
Entity Structure for Flipping - Operating Company?
I've had several attorneys and CPA's mention that house flippers should treat LLC's as disposable - that is, flip a set amount of houses with an LLC and then create another LLC and let the previous one dissolve.The pr...
Clint Kelly
Job Costing Software for Flips
What software is everyone using for job costing on flips? I know quick books will work but I was curious if there is something out there that already has all the detailed costs input where I would only need to add the...
Andrew Hamlett
Coding Ledger for Budgeting Repairs/Vacancy
Hi, I have a duplex currently rented and finally chose a management/accounting system. Very interested in Quickbooks but don't want to spend the money yet. I choose Stessa and it looks like a great free program but tr...
Rich Lavery
Private REIT opportunities in Self Storage & Mobile Home Parks
I am a passive investor always on the hunt for opportunities to partner with good operators who have a strong track record. Two CRE asset classes that I'm interested in are self storage facilities and mobile home par...
Adam Weisenburger
Keeping funds separate
I just got an offer accepted on my first Single Family House which I plan to house hack. I ran the numbers through the BP calculators prior to making an offer and everything looks great. I'm wondering what tools or tr...
Hilda Sandoval
Rent Collection Apps and Managing Multiple Property Bank Accounts
Hello Everyone!
I am excited to share some news with you—I recently purchased my first rental property last week, and I'm currently conducting viewings for a second one! As a new landlord, I am eager to learn from yo...
Will Morrison
Bank accounts for investment properties
As an agent here in Western North Carolina I have been posed the question by a client whether or not it is better to have a separate bank account per investment property or to have all the income flow into one account...
Justin Moy
Behind The Scenes: What Happens Before A Deal Makes Its Way To A Passive Investor
A ton happens before a deal makes its way to an investor in a syndication. First, the deal has to go under contract, and then the due diligence period happens, in this post we’ll talk about these 2 phases of purchasin...
Michael Timothy
Raising Capital
Good Morning,
Myself and a partner are creating a business plan with the hopes of Raising 1million for REO, SFR, Wholesaling deals. We have the structural relationships in place, ie; contractors, project mana...