Spencer J.
Paying Monthly Rent Digitally......??
Hello BiggerPockets Friends,
As a small property owner (5 properties or less), what is a basic path of least resistance for tenants to pay rent digitally? Currently, I accept money orders, checks, and cash. However...
Karla Kahmeyer
# of Bank accounts for each property
Hello BP Pros. Newbie with first post here. How many types of bank accounts do you use for the actual property management/bookkeeping activities? Do you have a checking account, a separate account for Capex etc, and a...
Edward Shin
INSTALLMENT LAND CONTRACTS: what's the good, the bad, and the ugly?
I've recently been introduced to the strategy of selling property using an installment land contract. It's appealing for a number of reasons: the buyer gets equitable interest in a property, takes care of all repairs,...
Patrick Scifres
New Member to BP!!!!!! Very excited to meet all of you!!!!!
Here is a bio to let you know a little about myself. It's somewhat lengthy but I feel it's important for you to know a little about myself.My name is Patrick Scifres. I am 36 years old and from Marion, Arkansas, whi...
Allen Lopez
What is the average cost of an LLC? Should I get one?
So I have 3 properties under my name. My primary residence and two investment homes. The two investment homes are worth around $350k and 250k. Is it recommended to get an LLC for two properties?
What is the average c...
Sam Meixell
Higher Rent for a Shorter Lease
I am currently screening tenants for my first single family home. I have had several decently qualified candidates. One requested a 6 or 8 month lease. I told him during his initial contact with me that I would work w...
Matteo Foglieni
Advice on Real Estate Property Manager Software
Hello all,
I am about to begin my journey in real estate and currently looking for property in Chicago and burbs. SFH or duplex. I want to set up all the system that will allow me to succeed and create momentum.
D...
Paul David
We are Motivated Newbies!
Hi All,
My wife and I are currently looking to buy our first property in CT, we're looking to buy in southwestern CT if possible but we're open to other options. We're fairly young, 29 and 24, and I've been researchi...
Alison Michel
What's your REI accounting system?
Hi again (lots of questions this morning!)
I'd love to hear some folks' set-ups for their accounting and finance management. How do you organize your documents? What software do you use? What do you hire some...
Account Closed
What needs to be considered when renovating a house?
Renovating a house involves a multitude of factors that need to be considered to ensure a successful and well-executed project. Here are some key aspects to keep in mind when undertaking a house renovation:
1. Budget...