Should I open a business checking account before I purchase a rental property

I am a new investor of six months and found out quickly that I could make more money if I was able to invest more so I was listening to a program called Fund N Grow about raising business capital and decided to give i...

Hi BP Members,I have two loan routes I can go with : Conventional or FHA. How many people have gone ahead and bought a property that cash flowed negative/break-even when analyzed using 50% rule under FHA terms (upfron...

Usually when an appliance breaks down and needs to be replaced I would arrange all that and no issue.However I went on a month long vacation outside of the country, and a refrigerator broke down.  I have a helper on s...

Hi everyone, I'm looking at buying a SFR in Boston that zoned for multiple units,. Do people have suggestions on how to confirm if it's possible to add additional units (either by converting a large SFR or by adding a...

Curious how your experience has been renting out by room? What should I look out for? Is it better to charge rent plus utilities or one fixed rate?

A friend an I purchased a short sale property in Alpharetta and dropped 40k in improvements and within 1 week of posting on zillow on a forsale by owner, we had 2 offers.  We had a tough day of negotiating but have a ...

I have a few questions first:1. Does it make sense to have a CPA with 2 rentals? 2. I didn't do the 1099 this year for my tenants, what would be the best plan for this year and forward? I'm looking for someone I can b...

Hello all,I bought a house for $300k and lived there for 4 years. During the time, I bought about $5k for tools and materials (with receipts) and upgraded the house myself (that would cost $20k if hiring contractor). ...

Skip Tracing - has anyone used BatchSkipTracing.com or Datazapp? I need some good numbers for cold calling with Mojo Dialer so I need to run about 5000 names.Any good recommendations would be great!