Hello BP Community,
I'm Matt, and I'm about to close on my first investment property. I plan to set up an LLC and and business account for the income, but I wanted to see what banks in the area are most favorable. I ...
Hey BP folks,I will set up my LLC once I buy a property I won't live in, but this first one is a duplex I plan to house hack and I am really excited. Closing is set for July 10. So, the question is, what name do I giv...
Ok, I have a dilemma. How is the best way to collect rents if the majority of your tenants don’t have bank accounts. I know it is hard to believe in this day and age but there are a significant number of people who d...
Hi this question is for landlords and property managers: What are your favorite ways to received rent payment online? I've heard good things about cozy, erentpayment, and intuitI'd prefer something that can also rece...
I am seeking advice on how to manage my cash flow with my 2 rental properties. My wife and I currently have full time jobs and I manage both the properties myself. So far I have been collecting rents in one account ...
I understand it's a smart move to hold each property in a separate entity, but what about separate bank accounts for each property as well. Would it make sense to have 100 properties, in 100 different LLC's, with 100...
Hi all, I have llc set up for my rental and everytime new tenant move in I need to go bank open a new business escrow account is a pain. Sometime the banker has no clue and takes me few hours each time on bank.Anyone ...
I was inquisitive about these so called Credit Score Improvement companies and how they work. So, I looked into them to see what they could do for me. I was astonished at what I found out about how they operate!1. Whe...
Hi all,After a year of studying and hesitation (I will admit that), I finally pulled the trigger and got a duplex under contract! This will be my very first investment property!Here is a quick question: do you create ...
Good morning, I have a business account for my llc here in Atlanta at a local bank. At this time I use them to receive rental deposits and pay mortgage out of.
They are extremely technologically challenged and very ...