HI, We are taking over a rental  unit from current rent managament company we had hired. I was wondering what is the best way to collect rent going forward. Is it recommended to have a separate checking account for th...

Hello BP community, I've thought about getting into real estate for a few years now, but I'm finally taking some measurable steps towards making it a reality! Since I can't afford CA prices, I have been looking at Day...

I'm hoping to get some insight from others in the community who have experience with private lenders. Has anyone  worked with Allen Capital LLC (based out of Dallas, TX)? I've recently started to look into possibly us...

I'm closing on my first rental property this week and will open a new account to keep real estate accounting distinct from my personal accounts. I could go with a local bank or credit union (I'm in San Antonio, so the...

Looking for any advice on my first rental property "deal."  I'm taking over a top/down duplex from my parents (so maybe not an actual deal!), they own it free & clear but it needs a ton of work since they got burn...

I have a loan payment due on a recent rental property that I purchased, and would like to set up an ACH directly from the LLC bank account that I have it in to pay the payment.  Will this risk the loan being called si...

Hi BPer,During commercial application process, do you usually put your name down or the name of the LLC/entity on the application when buying the property?

What is the best way to set up rental income and security deposit account? I need to transfer rent money into my personal account as well to pay bills. Should I use the same bank or a different bank?. I just don't wan...

I am trying to create an LLC for the 3 properties I own. I spoke with an attorney briefly and he mentioned that as the sole owner of the properties and the LLC, I don’t need an operating agreement or EIN. Is it recomm...

I am trying to buy an investment condo for vacation rentals. When my offer was accepted, the Seller's agent sent a list of approved lenders, which included Navy Federal, who I had a personal account with. They had the...