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...
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...
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!
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...
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...
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...
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...
*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...
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...
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...