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It is looking like this bill is going to pass in MO. It states : All security deposits shall be held in a trust established by the landlord and deposited in a bank, credit union, or depository institution account in ...
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This is a pretty crazy story of one man using the escrow accounts of 1031 exchange to fund his lifestyle. Only after $126 million later does it all come crashing down. The conman never admits to fault! Many lost thei...
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I have a primary residence mortgage, I live in part of my property and rent the other parts. I have a regular 9 to 5 job where I get a direct deposit to my checking account. Should I deposit my rent money in the same ...
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I have only one rental at this point, but was advised it might be ideal to setup one LLC for the actual real estate company in addition to an LLC for each property. I believe the reason was to protect ourselves in cas...
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Good afternoon,
A little confused on the Kentucky law for security deposit. I know you are supposed to keep them in a separate account than your main checking account, do you need a separate account for each property...
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Hi Ya'll,
I've setup an LLC with my attorney in Dallas, & was wondering if anybody would have to contact who'd be willing to open a US bank account for a foreign investor abroad?
I've contact Wells ...
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Hello BP familyI am currently putting an investment property on the market with the idea of doing a 1031 exchange. I would like to by an SFR and "house hack" - live in one room and rent out the others. But, I was read...
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Hi everyone,I am about to become an investor renting out the condo I currently live in (Columbia/Ellicott City, MD area) and purchasing another house for my family. The condo was purchased in 2006 at it's highest ever...
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BP - I have a deal and I think it's good, but I can't get the math to add up and I feel like I am wanting it to be too rich, or I am missing something. 4-plex, built in 19002 - 1/1 (currently rented for $760 and $900....
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Looking to start networking and build up a local l team that I can help out with rental properties. So far I have an agent, contractor and I’m working on securing a connection with some private funding to get started...