Justin Smith
Checking/Savings Separate Accounts per property???
I'd be really interested to hear how everyone separates their checking/savings accounts as far as for rental properties and also for saving up for the next investment? Do you prefer a single account for each property ...
Brandon Heimsoth
Quicken / Accounting Questions
I purchased a 4-plex last December. I'm finally to the point of organizing my business finances. I've purchased Quicken Home Business and Rental Property to do this. My two goals are to 1) make it easier on my CPA ...
Colby Zeller
Should I open a new Bank Account before getting pre-approved ?
Hello Bigger pockets, Today I have a question regarding on how I should move my capital before I look to buy my first property. I'm looking to househack, and wondering what is the best route to take for my banking pur...
Carl Rowles
Where to Bank?
I'm *almost* under contract for my first rental! Hubs' and my finances are through Ally Bank. Love it being online and our savings acct rate is 4.2%. I've read that I should open a business savings and checking at a...
Mike Ojo
What to look for on Renters application?
I am starting to receive applications on my first rental property (all digital applications). I need some advise on what exactly I should be looking for to qualify each tenant please.Income: What multiples of the rent...
Nate Smoyer
My first storage facility
I’m under contract to purchase my first storage facility.It’s an out of state deal, though just a few hour drive away.I’m thinking through all I’ll need to keep in mind and want to consider prior to closing. This faci...
Mary Jay
Taxes during retirement
How to figure out what tax bracket you’ll be in during retirement? For example, let’s say a single person makes a 100K per year on W-2 right now working for a corporate world. It’s taxed at about 25-30 percent, right...
Keith Thompson
Tax Lien Foreclosure & Lifting the Bankruptcy Automatic Stay
I’m headed to BK court next week to petition the court to lift the automatic stay, thereby permitting me to resume/conclude foreclosure on a tax lien certificate in Maryland.The property is an investment for the owner...
Mike D'Arrigo
Did Your Retirement Account Do This in 2015?
The DJIA closed at $17,833 on January 2, 2015. It closed the year out on December 31, 2015 at $17,425--down 2.2%. If you're IRA or 401K followed the performance of the DOW, you had no gain for the year. Furthermore, t...
Jason Hawrylo
Roth Vs. Traditional IRA for a RE Investor (Passive Income)
While currently having a post tax Roth IRA and Pre Tax 403(b), I've always been more keen on the Roth and contribute more to my Roth (a lot more). But, the more I'm learning about taxes and brackets in retirement the...