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Has anyone utilized the services of REA.co? Had good experiences? Bad experiences? Any feedback is helpful.
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If I am renting a property of mine just under my personal name do I need to set up a separate bank account and pay the property loan, taxes, insurance etc out of that separate account? Or can i just pay everything out...
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Any recommendations for business checking accounts for long term buy and hold LLC?
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Hello BP Community! I will be closing on my second property in a month. Do you typically have a separate bank account for each property or do you have one main operating bank account? Thank you for your comments ! Allie
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Hi,We own and manage two AirBnb's. We have previously tracked all expenses manually in google sheets and produced financials statements manually, also in google sheets. Transcribing transactions from bank statements...
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When setting aside money for Capex, Vacancies and maintenance, should you use multiple bank accounts? Is it best to have a bank account for each property or one account per LLC? What do you find to be the most efficie...
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I'm having a hard time trying to find a bank that I can open a business account with online. I'm currently overseas with limited ways to communicate with others besides email. I think I can open another personal check...
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I have a macro level of what each skill does but should I have an accountant and a bookkeeper on my team or if I hire an accountant will they come with a bookkeeper.Which one or both should I look to hire?
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Was into RE back in the day with a multi family, went through a divorce and reentered a last year, completed two flips. Guess I was on the right track back in 2009! I guess I should have stuck with it..... ugh. Wonder...
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I am a big fan of Profit First by Mike Michalowicz and have opened many accounts as he suggests to separate profit, tax, opex, own pay, etc. It's much faster and easier to open personal accounts than business accounts...