Lara Gonzalez
Best Banks For Landlords
For those of you with rental properties, who do you use for your banking? I am considering Baselane or Stessa. Does anyone have experience with either banks? I don't really need property management software as I have ...
David Breitzmann
Vets: What's the fastest way to collect on small claims judgments?
Hello All,
I am not a landlord but filed against the owner of a unit in which I was tenant. [If you don't need my humble observation on not showing for small claims cases, ignore that part. It's titled, well....obs...
Linda S.
Traditional IRA or mutual/index funds first?
Let's say one has savings in both their traditional IRA and mutual/index funds. Which one should they tap into first to fund their investment properties?
Account Closed
PSA agreement with Power of Attorney
Hi fellow BPers,When excecuting a contract with a Seller's Power of Attorney, should I list the POA as "seller" or the actual homeowner (on tax record) as seller and POA as co-owner? Is it even possible to buy/sell a ...
Greg Todrank
Setting up holding company after 10th LLC
Searched the forums, but couldn't really find an answer to my questions about setting up the accounting around a holding company.I currently have 10 rental properties / 10 LLCs. I have a holding company created and w...
Chad Trail
LLC for receiving rent
Can or should I receive rent payments in an LLC if the properties are owned by me as an individual? Also, the properties are all in different states.
Matt Z.
Financing first investment property - family
My wife and I have been searching for a duplex within the surrounding Philadelphia suburb area. We have our eye on a few with our realtor; however before we move forward, we are trying to nail down a solid game plan f...
Cody L.
Odd accounting question - How to classify security deposit bonds
We work with a company that'll allow a tenant to buy a bond in place of paying for a deposit. Say you want to move in for as little as possible. Rent is $700/month. Since your credit sucks and you were evicted 16 m...
Michael Lopez
Understanding Joint Venture Deals
I have recently found myself in what I believe to be a great position and would like some advice. I am having a meeting in a week with an investor who made it know that he would like to invest his money with me. I hav...
Calvin Lipscomb
Multi-Family Deal Process in Chicago
Newbie here, I am looking to go into contract on a 6 family. For a point of procedure, when should I be presented with the actual income and expense information? Should I have the information prior to an offer or a...