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How many bank accounts do you have for your real estate investing? I am trying to decide if it is better to keep each place in a separate account or if that would be unwise?
Thanks,
Shawn
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Hi All!I know this topic has come up before but I read most of the past forums and those asking the question are either asking about a property they paid cash for or used hard money to acquire it. I'm in a slightly di...
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What financial resources have you found to be the best place to secure personal lines of credit in the amount of at least $100K or more? What were some of the conditions you had to meet?
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We live in Southern California, and as a just starting out real estate investor, California home prices seem to be too high. We recently turned our focus out of state, but find it's harder to get financing for our ...
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TL/DR - I bought a 3.5 down FHA Duplex, I'll be living in one side and renting out the other. I still need to pay towards the mortgage, but I'm saving money compared to renting. Do folks recommend: 1. Just deposit ren...
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Hi, I just bought my first rental property. Do I need a separate bank account?
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Hello all. Has anyone actually used Stessa? It was advertised on the last episode of the BP podcast #295. I have 1 property as of now and have been doing little to nothing to track income and expenses. Need to rem...
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Hello! I hope this finds you all well. I am in the process of working through a contract for my first flip deal. On the offer I submitted, I checked the boxes to be able to keep the appliances because they are nice an...
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How's everyone doing, So I've done some research on how to best protect my personal finances when starting my investment career and so far I think I've come to the conclusion that an LLC is the best answer. What are y...
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I have already read a lot of threads on this, I just want to confirm what I know and make sure I am on the right track and not missing anything important.1. When transferring a rental property from your personal name ...