Lari A.
Newly formed LLC (Question regarding bank account)
Hello BP Community,I'm a new investor who has just formed an LLC (sole member). I haven't been able to set up a bank account for the LLC yet, and my question is this: if I purchase and assign a property under the LLC...
Jin Park
Series LLC Cashflow Question
My residency is in Atlanta and my two investment properties are in Indiana. Based on my meetings with the attorney, I have created two sets of legal entity. 1.Traditional LLC in Georgia (Operating LLC)--> This has ...
Ed Grogan
SDIRA Friendly banks
I am looking for SDIRA Friendly banks for deposit accounts that will also provide non-recourse loans.
Phillip Dixon
Advice on Trust/LLC Banking, etc!
Hello!My wife and I are jumping in head first into a new real estate plan and I'd love some advice on how to property structure our endeavor. We are going from a pretty normal living situation, to a MUCH more complica...
Josh Cruikshank
How does paying my fiancee's mortgage hurt my loan chances?
I pay my fiances mortgage. Its not in my name or anything. When she decided it was right to live together, i took over mortgage payments and she just still pays the utilities. The payment is auto-debited out each mon...
Peter Assaad
Escrow after mortgage paid off?
Anyone find a service that basically allows you to pay real estate taxes out of an account similar to when you have a loan? About to pay off one of my properties and want to have taxes continue to be automatically pai...
Nate Boykin
Bought a property in my name, do I deposit rent into my account?
I purchased my 2nd and 3rd property this past month. One of them I purchased in my name and one I purchased with my business partner in our business name.
For the property I purchased in my personal name, do I need ...
Dean W.
Best E-Payment Monthly Rental Payment Platform
Hello,
I would like to get opinions on the best E-Payment system out there for collecting monthly rent. I have a handful of rental properties and have been using PayPal for years but it seems to always cause confusio...
John Humphrey
Renting out my home while out of the country
I plan to rent out my personal residence for several years while living/working out of the country. Should I set up a separate bank account, LLC, etc. to care for the financial aspects of this? Regards,John
Reginald Collier
Multiple Lines of Credit, at same bank? 2 separate llc's
So I just opened 2 brand new separate LLC's recently.
Company A, and Company B
I applied at WF for a business line of credit for Company A, and was approved for $25K(based on personal credit score/income)
I went ...