I am about to dive deep into a 1031 exchange and the end result could be 2 SFR in 9 locations compared to my current 3 SFR in 3 locations. All my properties are turnkey managed. So far I have always had individual ac...
The new bank rules require someone to be named as the beneficial owner of the account.
Under the Beneficial Ownership Rule,1 a bank must establish and maintain written procedures that are reasonably designed to iden...
I am looking to see what services are available that will automatically take the tenants rent payment from their checking/savings account (ACH) every month. I don't want the tenant to pay online, I want the service t...
Getting to the point of multiple LLC's, owning units, which have back accounts linked to them. We have an individual that is our PM, no company, working for us. Question: who or what should pay the R&M costs. If w...
I currently have multiple submitted offers on SFR properties with the purpose of implementing the BRRR strategy. I have not yet registered an LLC, however I do plan on doing so after I reach my max on conventional f...
what bank would let me borrow the money I need to start investing on income propertys or what I need to show them to get the money
Hello BP Family, I plan to get a Pre-Approval soon to better understand the price range and types of properties I should be looking at for my first House Hack. I recently moved to the DMV from the Midwest(Go Bears!) a...
If I purchase a property to rehab and hold long term, how should I consider setting up my financial accounts? Assuming I wanted to transfer it into an LLC, does my LLC needs it’s own bank account in the companies nam...
My partners and have just created our LLC and we are looking to close on our first deal in the next 45 days. We are starting to work out where we would like to hold the LLC's money. Outside of your typical fees (minim...
Is anyone aware of any services where a tenant can pay his rent electronically without having a bank account? I'm aware of services such as popmoney.com, but I don't know of any that you can use without having a bank ...