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Results (1544)
Gerald Lunetta How do you pay yourself?
1 June 2021 | 5 replies

I'm about to finish up with my first flip. I have it in a LLC, after I finish and sell it my accountant suggests I should open either another LLC or land trust to pay myself from. What do you guys do and what are your...

Tim Kappel Bank Accounts For Properties
17 September 2020 | 11 replies

What bank does everyone use for their properties? I am in the middle of changing personal banks and I'd like to be with a bank that allows to open up a new savings account for each property and hopefully earn a littl...

Mashy Green How to check if the tenants actually pay their rent
2 June 2017 | 6 replies

Dear BP community,I am thinking to buy a fully occupied small multi-family house.How can I actually check if the tenants are paying their rents?Thank you all in advance,M.G.

Evan Bell Can I get a HELOC through my LLC?
21 April 2017 | 3 replies

How do I go about getting a HELOC through my LLC?

My wife and I own an SFR and a duplex in Southern California that sit on the same piece of land. They are completely paid off and we want to get a HELOC on them throu...

Ryan Barr FHA Loan Shopping: Who Are You Using?
21 August 2017 | 4 replies

People who have gone through the process of getting an FHA loan for a 2/3/4-plex, what lenders have you gone to and which lender offered you the best terms? I'm looking to talk to a lot of lenders while in my grace pe...

Jacob Robinson Who to Put Down as Owner?
30 January 2016 | 3 replies

I am working on making an offer on my first real estate deal, the plan is to flip the house.  I know the profits will be taxed as regular income, and I am trying to figure out if what I am thinking okay. . .  Unoffici...

Mark Gruetzmacher Starting a LLC possibly-Questions-Family Issues.
18 November 2014 | 1 reply

Hello everyone, I have been slowly getting back in buying some REI's but had a question concerning an LLC.  Or some advice what would be the best thing to do in my situation.  My father came into some money when his d...

Matthew B. Commingling Credit Card Purchases
31 March 2017 | 3 replies

Is there anything wrong with making personal purchases with the business credit card, and business purchases with the personal credit card? Assuming at the end of the month the business expenses are paid from the busi...

Brandon Sarrett First Duplex Questions
27 August 2024 | 4 replies

Hello, 
I am under contract on my first Duplex.  I used an FHA loan but I am concerned about accepting rental payments into my personal bank account.  Should I set up an LLC, open checking account in business, and us...

Georgeos Partheniou Llc vs Personal cash out refinance
26 January 2024 | 20 replies

Hi guys New to this forum and have been getting conflicting advise on this matter. This is a question on refinancing- If I own a property in a Llc company with lots of equity, I refinance, that money is classed as tax...