Hey everyone! I was just curious what you found was the best way/ how you prefer to keep or store cashflow and reserves for your rental properties. Do you prefer your personal account or have you opened a business acc...
Our property manager recently quit on us and so I'm going to be taking over for the foreseeable future. The only problem is we travel a lot and I'm trying to figure out a way to collect rent without actually being her...
Targeting all investors:
Taxes are important. You can write off a lunch conference and save lots. I’m targeting those who really keep track on the tiny expenses to the big ones on a daily basis. Even if you have a bo...
Morning BP,After 3 years of investing and 6 doors, I'm going to start treating my REI as more of a business. This includes doing a much better job at book keeping. I thought I was doing a good job until I went to my C...
Are You Holding Security Deposits in Separate Accounts?
Has anyone worked up a cost and features comparison of the common / well-known custodians?
I recently start doing business with a new bank. I had two properties finishing up at the same time, so I did two loans with them in the course of a month. A few things transpired that I found frustrating because they...
I had trouble with minimum balance fees at my local bank and it was driving me nuts. With accounts at multiple banks and minimums different at each institution, I could never remember what the minimums were until I c...
Hello all. I'm working on closing my first deal and am looking at my first contracts for property management companies. I'm not sure what's normal, and what I should be suspicious of. I'd really appreciate opinions fr...
Hey All, I purchased a home about a year ago for around $200k, I put close to $90k in fixes and did a historical appraisal that came up to $410k. I borrowed $70k from family and was planning to return it after the ref...