Anthony Shui
Bought my first house / primary residence. Advice for managing househack expenses?
Hey folks! New here, just bought a 4 bed 2 bath as my primary residence that I'm currently remodeling into a 5 bed 3 bath before having some tenants moving in with me.Current thoughts:1. Black Friday / Cyber Monday de...
Kelly Conrad
Say spouse has other home as primary residence?
Alright, bear with me here because this is a bit weird. We already own a SFR that we like and aren't looking to sell.So we have ~30k that we can use, but apparently that's pretty tight when we need a 25% down payment ...
Mark Ragland
Moving Rental Property from One LLC to Multiple LLCs
I have multiple properties that are owned by a singular LLC. In my research, it seems that transferring that they should probably be held in separate LLC's. However, my question is, would I still receive the same as...
Forrest Soule
Do I need a separate bank account? 1st Time Landlord, Owner Occupy
Recent purchaser of a duplex I will be owner occupying. I plan on doing a lot of renovations as well. Should I set up a separate bank account for rent collection and renovation expenses? Is this typical? Thanks!!!
KC Pake
🤔 Seeking Advice: Combining Adjoining Waterfront Lots - Pros & Cons?
Hello everyone,
I'm in the process of deciding the best course of action for selling my property, and I could use your collective wisdom or experiences on this matter. I own four adjoining vacant lots, each approxima...
Vasudev Kirs
Question about security deposit and business account
My tenant will be transferring security deposit into my business account. Are there any restrictions on whether I can use it for other expenses or should they stay in that account? Below are the laws from my state re...
Account Closed
duplex - utilities are not seperated, so landlord stuck paying. cost for seperate meters?
im looking at a small duplex thats for sale, deal looks good except the current landlord pays utilities because they are not seperatly metered. have you ever had to get units seperatly metered for gas, electricity and...
Carolyn Ivey
Do I need a seperate checking account?
My husband and I just closed on a house which we will be renting to our daughter and her family. I'm wondering if I should establish a separate banking account in which to make deposits and let the bank draft the mor...
Chris Collins
How to analyze a deal where I live in 1/2 of a duplex?
I'm learning how to analyze deals, so bear with me?Here's the "deal" I analyzed. https://www.biggerpockets.com/calculators/shared/3...Here's the loopnet listing (I know loopnet is where deals go to die, but I'm using ...
Matty Bee
Bank account question
Hello, I'm about to close on my first rental property. I'm going the traditional 30 year lender mortgage on my personal name I'm not sure if they have a due on sale clause but lets assume they do and I can't move this...