Totally off topic but does anyone does anyone use a savings account in their real estate business. You know, put money aside that way you have cash on reserve. My question is, if you do, what kind of savings account i...
Hi All,I'm just about to get my first 4-plex that needs quite a bit of work. First I am wondering what do you guys do with the money you see aside for Cap Ex, Vacancies, and Repairs? Do you combine them all in a savin...
Where do most of you all place your cash reserves for repairs? Stock market, savings accounts, cd’s etc? Is the stock market too risky for your reserves or does it make sense in order for growth potential?
Hi everyone, my name's Shulammite and I recently found the BP podcast through another real estate investing podcast! I've gotten really excited about REI after listening to so many success stories of regular people us...
How do you all organize your rental property bank accounts?Bank Account per property? Pros: Would be very easy to see expenses/costs etc. Cons: Would end up with lots of Bank Accounts but still organize them all under...
I recently purchased first rental property. In the future I plan to transfer into a business, but for now the property is under personal. I wanted to open a bank account strictly for tracking my rental. Any suggestion...
I have all of my money tied up online savings accounts and no-penalty CDs. If I were to pay in cash, will I have to have the money available immediately or can I make an offer with my money still sitting in my savings...
I don't quite have the cash to invest in anything right now but it is slowly building back up each month through my rentals. They cash flow very well.So, while I am waiting... I have a good portion sitting in Live Oak...
Hi, I have two rental properties in Calfiornia that are held in a LLC that is shared with me and one other partner. I financed both of these properties with traditional 30 year mortgages that I obtained from a bank. ...
Hello BP community! My husband and I have been convinced of the wisdom of investing in real estate, but I'm wondering what to do in the meantime. We're actively networking and searching for deals, but of course this t...