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Results (10000)
Brody Veilleux Managing multiple bank accounts and accounting for them
9 November 2024 | 9 replies

I have a savings and checking account for my llc, and each property, all under the same banking app. I also have a separate mortgage account for each property. When you add the accounting into all of this, it’s been q...

Matthew Free How Are you setting Up your Banking for Your Properites/Personal
22 December 2021 | 1 reply

How are you setting up your business accounts for your properties? Are you doing 1 account for every LLC? How do you keep things straight and easy? Also, when not using the same institution for both personal and busin...

Chris Thomas How to purchase/fund an investment property under an LLC
28 September 2023 | 5 replies

As the title says, I’m just curious how to go about purchasing deals and securing funding under an LLC as to not have investment properties in my personal name. Any and all information is appreciated! 

Tuan Dang How to calculate partnership split profits.
27 February 2017 | 8 replies

Hi I am new to this, a partner and I are looking to purchase rehab and flip properties In Houston.My partner will bankroll the whole thing cash and that is it. I will be in charge of getting contractors to rehab and w...

Cody Malave How To Pay Yourself From Your Properties
11 December 2023 | 99 replies

Perhaps this isn't the right place to ask this, but in the most innocent way possible I am curious as to how people who have quit their jobs in order to pursue investing as a full time gig make money. Basically anythi...

Ben Cochran Self directed IRA
26 March 2014 | 18 replies

So I've got a old 401k with T Rowe Price that I want to roll into a SDIRA. They just informed me that they don't do SDIRA's that allow for real estate investing.

So now I'm looking for someone that will allow...

Account Closed Top Laws Michigan Landlords Miss
16 December 2015 | 8 replies

I regularly teach courses at the RPOA and find that there are a few laws that many Michigan landlords miss in their management practices. Here are the top 10 I observe: Not following Federally and State mandated lead...

Evan St. George Rent is now coming in... where to put it?
14 November 2019 | 11 replies

*With apologies for how basic this probably seems* I wanted to ask for general advice on where rental income should "live" in the short and long term, and make sure I'm handling things correctly. My wife and I just mo...

Madheshwaran R. STR inverstment near Chicago
31 July 2024 | 11 replies

Hi, I am a newbie trying to purchase an STR property and hoping to save on my taxes from my W2.
Could someone please help me understand what type of loan is best for my situation? I thought of getting a commercial lo...

Andrew S. Simple book keeping question: umbrella insurance
5 January 2014 | 8 replies

I have a quick question as to how to allocate my umbrella insurance premium to my REI expenses. As the insurance also covers my non-rental assets, do I need to split the cost of the premium for book keeping purpo...