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Hello,
My name is Aymee and I am new here! I am closing on my first investment property located in Peoria, IL in a few days and I currently reside in Los Angeles, CA.
I am trying to determine what is the best prac...
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Hello,I am newbie. I wanted to understand that for my rentals should i open a business account or checking account for it ? What are the advantages and disadvantages of opening one or the other ?Thanks!
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We are getting ready to buy property number two, and possibly number three in the next couple of months. My wife feels like we should have a bank account for every single property we own. I guess that is fine with 2...
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When should a landlord require to see bank statements of the applicants to see their financial stability?
I was recently advised that is common practice in the industry NOT to ask for personal bank accounts UNLESS th...
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I recently just completed the LLC process and got an EIN number. My next step is to create a bank account for the LLC. What type of bank account should I be creating for the LLC, of which my partner and I will have ac...
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Hi all,I am closing on my first investment property in the next few weeks (state of AL for reference) and would love a bit of advice regarding the best way to run the STR business. I am purchasing this property with a...
Hi folks,I am an out of state investor with LLC registered in the state where property is located. However, bank is not accepting virtual address as physical address and the banker is telling me that I cannot open an ...
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I am new to RE investing and I recently purchased a single-family rental property in my personal name and not my LLC. Should I open a business bank account under my LLC to make mortgage payments and collect rent even...
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Hi,
I have a few questions for landlords in Mass; I've received some conflicting information from people in the area.
I was on the mass.gov website reading about the security deposit rules. It says that the landl...
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Hi everyone,I am an out of state investor in the Kansas City area (Missouri side). I am using a Series LLC structure and am having some trouble finding a KC bank that I can use to open a business checking account (and...