Hey everyone. Im looking for advice on having separate accounts for vacancy, repairs, CapEx etc. Do you have a separate vacancy, repairs, CapEx etc account for every property or does all your vacancy, repairs, CapEx e...
If I create a separate LLC to manage my properties, who is labial if I get sued? This management LLC would not own the property. It would be the entity on the lease with the tenant. It would have its own bank accou...
Closing on my second rental next week! And in setting up all the paperwork, I'm wondering what are the pros and cons of having one bank account for all properties vs. having separate bank accounts for each. The main ...
Hi BP,I am just realizing the importance of keeping business and personal accounts separate. My plan right now is to open a checking account and a credit card just for real estate expenses. I currently own 1 multi-uni...
I am about to foreclose tax liens on two adjacent Navajo Co Arizona land parcels owned by the same person. Can anyone tell me if I will need to send separate Notice of Intent to File Foreclosure Actions or if I can l...
I own two 2018 Tax Lien Sale Certificates of Purchase in Arizona, and I read the law governing the 30 day notice before the foreclosure at https://www.azleg.gov/ars/42/18202.htm , as well as the law governing the for...
I have a sewer drain line that separated when we lifted the foundation on our SFR causing the sewer lines to fail the hydrostatic pressure test and I'm getting bids to fix it. Some plumbing companies say they will pu...
Greetings,I have been presented with an opportunity to purchase a Single Family home that currently has 4 separate units, each with their own living space, each with rent opportunity. One of the additional units appe...
Ok, admittedly, I'm stealing Brandon Turner's final question from the Podcast. It's one of my favorite parts of the show! I thought it would be neat to echo his question to the forum community. Why not expand the di...
Hi BiggerPockets,brand new to real estate, recently discovered this site. Lost my job and it's put things in a different light, such as why am I taking financial advice from people around me who are struggling to pay ...