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This might be a dumb question, but I am having a difficult time opening a checking account for my self directed IRA.My custodian advised me to set up a bank account with my SDIRA as the Member (owner) and myself as th...
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Hi Everyone, I just purchased a property with a tenant in it. The Tenants had a Deposit Only ATM card with the previous landlord. However, I prefer not to use that.I have heard of many talk about "pay near me". I cont...
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Hi, I'm a new investor from Connecticut looking at buying turnkey property in Memphis, TN. I have a few specific questions and would greatly appreciate some advice. 1) Legal - I want to set up an LLC before investing...
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Hi all,I'm working on a deal where the seller is committing to provide tenants for 2 years. However, I'm not sure how I can hold him accountable should he breach the contract any time after the deal.Any idea how to st...
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What are you’re experiences accepting those forms of rent payments?I am almost done turning my primary residence into my first rental and was thing of accepting those forms of payment ( plus a service charge). Or do I...
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Greetings everyone,My boss and I have a small business that we're trying to get off the ground and we're looking into outsourcing some or all of our accounting/bookkeeping duties. We've heard offhand both on this web...
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Hello - this may be a newbie question but from reading the various articles on BP and Investopedia, my understanding is that Net Operating Income (NOI) is defined as operating expenses required to run and maintain the...
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I understand during a turn over the utilities have to go back into the landlord's name. My question is when a new tenant is moving in, what information do you have to provide them with to put the utilities into their ...
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Does anyone have any good ways to cash out 401k / IRA's without, getting taxed to Oblivion? I am finishing a basement to put two rooms and a bathroom for renters. I have enough in my accounts to do so. I just need ...
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Does anyone have experience with Money Market Accounts and the companies that provide them?The rates they provide are supposed to be better than the private banks and credit unions.