Hello,I currently have contract to buy a duplex in Lexington, KY.  Two weeks into the loan/under writing process, the lender just told me the lot/structure is considered two townhouses, not a duplex (I confirmed he is...

Once I buy my first property I am going to open a separate account for rent, deposits, ect. Should I use the same bank that I have a personal checking account at or would it be easier to completely separate the two an...

Purchased a property with a mother in laws qtr in the rear. Front is 1,039 sq ft and will be a 3/1 from a 2/1. Rear is a studio style apartment that was finished by the first ever owners. Just updated overtime. It is ...

So let's say I'm buying a house that comes with two additional lots. The legal description is going to have "Random Place Lots 1-3" when I'm signing all the mortgage paperwork. If these lots have a value of say $10k a...

I'm getting a property rented in the KC Metro and I'm in the process of looking for tenants. 
The question I have is when I collect the first month rent and security deposit, do I need to put that into a separate ban...

I have two lots recorded under one deed and financed under one mortgage. Lot #9 has my home, and lot #10 (my back yard) is empty. I want to build a second home on the empty lot as a rent house. I am looking to refinan...

I have a duplex rental and a single family rental. I need to learn how to keep the money separate and set up the bank accounts for that.

Hey guys, new investor her and I've been looking at some potential deals.  I saw one with potential of a two level house with 2/1 up and a 3/1 below.  The issue I came across was they are on the same utilities and fur...

We were notified that there was a domestic violence incident between our tenants.  Tenants share an apartment.  Guy was arrested and released and has a court date.  Girl has moved out and is living with her sister.  W...

Our bookkeeping is a mess! So for Christmas, I’m making a binder to keep all our information in one spot. So far I’ve got:

By property:
Listing when bought
Copies of keys
Copies of leases
Move in move out condition ...