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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...
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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...
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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 ...
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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...
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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 ...
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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...
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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 ...
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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 ...
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Hello BPers! I am about to close on my first deal . 🙌I am trying to open a business bank account with Chase by registering the address from my LLC, but I am not able to go through with it. I'm guessing because it's no...
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My wife and I are in the process of filing for an LLC through an attorney before we start our rental business in a few months. I have some questions about how I should structure my bank accounts and which need to be ...