Nick Robinson
Maintenance fund for larger multifamily
Quick question for my apartment owners. How much money do you set aside for maintenance? For single family houses I usually plan on keeping 10% of the purchase price. For example $100,000 keep a maintenance fund aroun...
Chris Conroy
BRRRR Refinance Question
I'm in the middle of reading the BRRRR back and have been listening to all the podcasts and studying. what have you found to be the most effective way to do a cash out refi on a property that was bought with cash bef...
William Allen
Using a business or LLC to buy properties?
I'm interested to know how most of you purchase your SF or MF homes used as rentals. Are you buying them under one business name of a real estate company you set up? Separate LLC's? Single LLC? I have 3 properties...
Bill D.
LLC, S Corp or C Corp, for a large multifamily with two investors in different states?
What would be the best way to minimize taxes and keep things simple for two investors, one in Ohio and one in Chicago. The property is in Chicago. 50 units, profits should exceed depreciation in a year or two. One ...
Ryan Morlino
How to structure bank accounts and business vs. personal
My wife and I are in the process of filing for an LLC through an attorney before we start our rental business in a few months. I have some questions about how I should structure my bank accounts and which need to be ...
Nelson Ellingham
best software for landlords?
Hey guys,Ive always struggled with separating all my rental expenses from my own, digging through receipts etc. Is there some software that you guys recommend that will help with this? I heard about one on a bp podcas...
Morgan Madill
Credit Questions for Lenders
It is more desirable to a lender to see a credit line paired off in full quickly or to credit lines paid off on time over a stretch of time?I have student and auto loans and I believe if I paid them off as quickly as ...
Dennis Lewanowicz
Building a stockroom
Since this is my first post let me give a little background. I've been a PM for the last 10 and in construction for the last 20 years. I've recently took a position as a Facilities Manager in a local property manageme...
Michelle Belinfante
Anyone using 2 Cell Phones?
Just getting started, anyone find it beneficial to have a separate phone for business or too complicated/unnecessary expense?
Amber Price
Advise on type of loan
I have 3 properties, two of them aren’t rented out yet. They’ve needed some repairs. I own all three outright. Two properties need roofs. I’d like to take a loan to pay for the new roofs . I spoke with my bank a...