How do you guys do it on the accounting, lets say my dad, and brother want to partner up on a dealWhat is the cleanest way to do it and not have everything mixed up ?
Should I start a business account with one of the big banks, or do you have a better alternative?
Specifically I am interested to know about any changes that either may help or hurt banks as they continue to deal with balance sheet issues and rising liabilities. If they get more flexibility to hold assets at face...
I'm looking at creating an LLC for some general real estate investing, however, it's a little daunting to ensure I'm doing everything required. Is an EIN necessary for single member LLC? Is a bank account set up in ...
Hello Bigger pockets, Today I have a question regarding on how I should move my capital before I look to buy my first property. I'm looking to househack, and wondering what is the best route to take for my banking pur...
Thanks to everyone who has been helping to answer all of my questions so far!Who do you recommend to bank with for normal banking to manage investment properties? And why?
I have read through many of the forums but I have not found a clear answer on the following question.I have 4 multi-family properties that I own with a partner. We have one Master LLC that we both are 50/50 owners of...
Good morning, I am currently using Turbotenant for tenant screening/rent collection and reminders, and lease creation. They also offer a marketing option and outsources to another provider for bookkeeping.I love it, h...
Hello - I am new to REI and getting ready to close on my first set of properties. I have a structure that is a Master LLC and subentities that will be used if either STR or LTR. I currently have 1 Business Bank Acco...
Managing money might not seem as exciting as closing deals, but it’s one of the most crucial aspects of running a successful real estate business. Properly structuring your bank accounts ensures that every dollar in y...