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Hello BP.I would like to know how do you set up your bank account for rental, specifically for efficiency.Here is how mine is set up, and any feed back or tip is welcome:Three accounts1. Trust account for security dep...
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I'm purchasing a MF property with a co-worker. We have a 50-50 split, but the title company is asking whether we want co-ownership interest as joint tenancy or tenancy in common. Which one is better and why?
Long and short. I live in Florida. I am buying an STR in Tennessee. My CPA strongly suggested that I set up my LLC in the Tennessee for tax purposes. It has proven to be more difficult to set up than expected mainly ...
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Hello Everyone,My wife, Kristin, and I are looking to setup an LLC so that we can begin buying rental properties in the St. Louis area. Friends have suggested that we meet with a real estate attorney in order to ensur...
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Hello, I hope this message finds you well. I am reaching out to you because I am in need of assistance with setting up my QuickBooks system for buying and managing properties in GA.
As you may know, managing properti...
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I’m looking at purchasing multifamily property in the Phoenix area and noticing a trend of listings with HOA dues covering water, sewer & garbage. Does anyone have experience with this type of setup? A few questio...
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I moved to Va 6 months ago, after two successful flips in Massachusetts. On Jan 1st I set a 90 day goal to complete a transaction in Va. Ideally, a BRRRR, but would flip if the deal made sense. Credit is 750+, 5k c...
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Hey Guys,I am seeking some advice about starting a direct mail campaign. I currently live in Raleigh NC and have a limited starting budget. My starting niche is wholesaling to build capital for my business. As part of...
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Hi BiggerPockets! I'm SUPER excited to have joined the BiggerPockets community. I've been reading as much as I can from this forum for a few days now, and figured I'd make my first post. I'm a cyber security specialis...
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Services and experiences are like the new currency , I wanted to start a discussion on how we as real estate investors we can capitalize on this trend. Specifically, I'm interested in hearing about the add-on servic...