Brice Alef-Torrisi
Managing finances between multiple properties
Hello everyone,I recently bought a second property in Michigan and I'm really excited to get it rented. However, I was unsure whether I needed to open a new bank to manage the finances associated with the property. I ...
Z Smith
Using personal funds for entire house purchase - it is smart?
Hi there. I want to purchase my first SFH to rent. Purchase price will be around $100k. I'll receive at least $1k month in rent. I am 30 y/o. I work from home full time.I am having a lot of issues trying to work with ...
Timothy Burns
Rent Payment Collection Methods
Hi guys, what/how would you guys reccomend as a way to collect rent payments on your first property that you will be house hacking?
Staying somewhat anonymous or automated seems ideal but literally collecting a pape...
John Fortes
To LLC or not to LLC till Refinance
Hello! As I know this is not professional advice till I consult with a professional. I just would like your input on the matter. First, My wife and I are weeks away from closing on our first investment opportunity. Th...
Ted S.
Budgeting rental income and job income
My question is I work full-time and our own properties. Having a difficulty separating the money. I wanted to bank my full-time job income and live by my rental income. Does anyone have a way of tracking all your exp...
Chris Vogel
Banks vs Private Investors
If I set up an LLC would it be better/easier to get a line of credit from a bank or hard money lender? I am trying to learn as much as I can about investing before I jump into it! Thanks in advance for any input.
Aaron Hunt
LLC Investment Group & Lending
Currently well into the process of getting an investor group up and running via an LLC.Will soon be filing with the state, opening our needed accounts and then determine financing or not.Initial though was to buy prop...
Clayton Ballard
Developing your LLC for rental properties
I'm hoping to close a deal on two rental properties before the years end in baltimore md. What's the best way to setup a LLC when you have more than one property? My plan is to buy 1-2 properties every 6mos. Do I do a...
Ryan Janssen
Non performing seconds
I am buying at sheriff auction. There is a deal coming up in which Wells Fargo is the plaintiff and there are two defendants, the homeowner and US Bank N.A. I want to know if is at all possible to purchase the "second...
Lyndsay Zwirlein
Best bank accounts?
We have been using Relay for several years for business bank accounts for our rentals. However we have had several issues with the move to 2.0. What business accounts do you like? Priorities are being able to transfer...