For those who do buy and holds, fix and flips and wholesale...Any advice on best way to set up your systems? Example would be emails (not using a personal email) bank accounts, LLC's, accounting software etc..Do you l...
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So my question is do I really have to open a new bank account to collect rent for each new property? The LLC has its general business account that we use for all our administrative and operational expenses but I opene...
Hello everyone,My name is Harrison and I am from Tulsa, Oklahoma. I am looking to purchase my first property, 2-4 units, utilizing the “house hacking” strategy. Doing some research on financing, I discovered the HUD S...
Hello Seattle InvestorsI currently own and live in a condo in Seattle. I'll be moving out at some point this year and was contemplating renting it out. I was curious if anyone here owns condos in Seattle (~750 sq ft) ...
Hi everybody I am wondering if anyone would have any advice/experience for splitting up the heat in a 2 unit property. Currently, the property has one central gas(forced hot air) furnace in the basement that heats the...
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I have found a 5 unit apartment building I would like to purchase. I owne a real estate company and a management company and own several of my own single family homes. This is my first attempt at a multi-unit. Plea...
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Looking for recommendations for a CPA with real estate and cryptocurrency experience. Being local doesn’t matter - we have business across several states. Thanks.
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Hello fellow nerds! I'm trading up into a 15-unit and selling a single family and a 4-plex to help fund the purchase. I'm using a 1031 and all three properties are held in different entities with separate EIN's. I ...
I purchased a single family property in cash last year and am considering a cash out refinance. I have a private lender that is showing me a 30 year fixed product that would cash out 75% of the property value. If I c...
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Good problem but still a serious problem.
We have recently gotten very active very quickly on buying, rehabbing, partnering, hiring maintenance, etc. We opened a little Rentec account and although its cool, ...