Amanda Young
Do you have a separate bank account for each property?
Closing on my second rental next week! And in setting up all the paperwork, I'm wondering what are the pros and cons of having one bank account for all properties vs. having separate bank accounts for each. The main ...
Guy Yoes
Co-mingling funds: do's and dont's
I set up a parent LLC (not a series) for my properties (each have a LLC). I have a separate acct for each door. Each account has a checking and savings. the savings is for deposit escrow. If I move my rental income to...
Kyle Buyers
Newbie Advice: Multi-Family in Bay Area / Silicon Valley, CA
Hello Everyone,I found BP a few weeks ago and have been voraciously reading and listening as much as I can since. I’m hoping to (1) introduce myself, and (2) get some guidance/wisdom on my current situation.First off,...
Aaron Bush
Insurance for Co-Owned Property
Friends, I'm purchasing my first ever rental property (a duplex) with the help of a friend and business partner. We're going into it 50-50. We've done a lot of research and self-education over the past few years in pr...
Matt B.
Need Advice - Best way to purchase Duplex via IRA?
So I have set up an IRA for RE Investing.
I now have the opportunity to buy a duplex. It will be under market value, need about 20k in repairs, and will be cash positive
What is the best way to structure this?
I...
James Maradits
Basement Waterproofing Rates
I'm curious to hear what others are paying for basement waterproofing.I was just quoted around $14k to have the exterior dug and waterproofed as well as put an interior drain system put in for about 126 linear feet of...
Ethan Dominguez
Wholesaling Property with Home Owners Finance
I am new to real estate and have been reading books by BP and learning all I can. My question is, is it possible to wholesale a deal from a family member wanting to sell their home they are still paying for through ho...
Will Kenner
Remote security cameras
Looking for recommendations on the best way to setup remote security for rental properties. Currently for my primary residence I have a Ring system which works well and provides the basic surveillance that I'd like to...
NA Jones
Septic and well - advice? Words of warning?
Considering renting out a property thats on septic/well. Current owners have been diligent in caring for the septic - regular tank cleaning, liquid detergents only, no oils down the drain, no feminine hygiene product...
Sheila Reyes
No LLC- First Investment
Hi BP Members! I'm on the way to getting my first MFR (fingers crossed) and am currently starting attorney review. I was wondering how can I start running things like a business without an LLC? I understand that accor...