Alex Carpio
Canadian real estate
Hello BP!My name is Alex from Ontario and I'm a new and aspiring real estate investor. Looking for guidance on opening up business accounts for someone starting in their personal name.Which Canadian business accounts ...
Dara Abasute
End of Lease with Roommate/Economic Unit in Georgia
I have a rental in the state of Georgia with 3 unrelated individuals on the lease collectively as "tenant". They pay sec. deposit and rent as a single payment. At the time of the lease renewal decision, 1 out of the 3...
Luke Ostergaard
Checking/Savings Account for Rental Property
I have seen several different opinions on this matter but I wanted to get some up to date recommendations. I am working on acquiring and moving into my first househack (2-4 unit property) sometime within the next 3 mo...
Ann MacMillan
Turn my home to a rental or sell?
Hello! I have lived in my condo for 5 years and have decided to buy a bigger home for my growing family. My current condo is in a great location in Denver, CO and I'm wondering if I should keep it as a rental or sell....
Brandon Koser
Rental Property Reserves
Right now I have a few properties and I am putting offers on more. Luckily I don’t need the income from the rental properties to live off of yet so what I’ve been doing is channeling all the funds after PITI and manag...
Gianluca Rossi
Do I need to create a company or separate bank account is enough?
Hi,We are closing on Friday on a property upstate that I would like to use as a vacation home and rent regularly through VRBO/Airbnb.I've read of the importance of keeping a separate bank account for our rental proper...
Brendan M Hornung
Estate Inheritance w/ 2 Homes
Hello BP,Someone I know recently inherited two homes through an estate inheritance. One property is rented with a tenant in place, and the home in Riverside, CA is the home of the person who passed. This post is regar...
Jonathan Farber
What amount reserves to keep in your rental bank accounts?
Hey all, doing some financial planning this week as we are looking to add some properties. Call me old fashion, but I like the idea of having a few months PITI (Principle, interest, tax, insurance). Any good rules o...
Tanner Connelly
What are you complaints about lenders?
What are some of your biggest complaints about lenders? What would you like to see lenders improve upon to help either you OR your clients?
Andrew P.
Using wife's condo as rental property
Hello, question for anyone who may have insight on the best strategy. Wife and I recently married. I started a LLC before we were married in preparation to start owning rental properties . It’s a sole proprietorship.W...