Thanks for taking some time to read and hopefully reply,I will be closing next week on a three family house in which one of the three units I will be living in. I'm really unsure if I should be opening a new bank acco...

I just bought my first property back in March. 3 Family that I’m house hacking in Attleboro, MA.I’m going to have a separate bank account specifically for the house and all the finances coming in and out. I’ve been pu...

Hi all,   So we finally got our former primary home, in Washington state, rented this weekend and I know enough of the Washington tenant law to know I am supposed to put their deposit in an escrow account.  I just wen...

I am house hacking a duplex and have been planning on paying my business the same amount of "rent" that any other tenant would be required to pay but I just thought of it that doing so might not be the best idea. My m...

I just bought a duplex, I'm living in one side and renting out the other, my question is should I put the tenant rental check in a bank account and use my job money to pay the mortgage or directly send the check to my...

In order to make payment easier, I am considering giving the bank account number so that deposits can be made directly. Is there any RISK in giving them the account number? Do you use a separate account just for depos...

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 ...

Do you pay off the mortgage at a higher rate? Do you put the money into savings for THAT property incase it needs work? Do you put it into its own savings account to use for future investments?

One of my long term tenants moved a roommate into his unit without my permission at the beginning of June in Austin Texas in a multi unit apartment. Their idea was to split rent. I told him I needed to add her to the ...

Was having lunch with one of my business partners and he was telling me that on his rentals he gives his tenants his Bank account number and makes them direct deposit it when due. However ( and that's here in Oregon) ...