Paul Williams
Bank account logistics
Hey guys! Just bought my second property(3rd door) wohoo! I currently have a vacation rental doing well set up on a separate bank account strictly tied to that rental. I close next week on a duplex. I’ve heard differe...
Leigh Ann Smith
Combine new REI business with existing business?
We own and operate a choose & cut Christmas tree farm. It's set up as a sole proprietorship (no LLC). We set up a separate business for REI as an LLC, but I wonder if it would be better to roll the 2 businesses in...
Amanda Salvatore
Construction loan on owner financed land
Hello! We’re in the process of purchasing land from my mom using owner financing. We plan to start building our primary residence using cash to pay as we go (we own a construction company). We’d like to still get a co...
Thomas Sherlock
Milwaukee Separate Water
Has anyone separated water to individual units in the Milwaukee area? If so, expensive to do? Thanks!
Brad Nelson
Tax filing question - LLC funding vs. personal
Hello, Am closing on a property next week.My LLC's business bank account outbound wire fee is $78 versus $25 if wired out of my personal account at a separate bank, where it's sitting in a line of credit. $53 differen...
Joseph Weisenbloom
Is this illegal/unethical?
I am currently closing on a duplex and I plan to live in one side and and rent the other out. The electric and gas are separately metered and are easy to have these expenses paid by the other renter. The water on t...
Bill Campbell
In-law suite house hack??
I'm looking at purchasing my first property as a house hack. Where I live in Rhode Island the amount of multi families are limited, but quite a few house have in-law suites. I found a nice 3/2 that only needs a litt...
Nick Clossman
ADU Liability Protection
I live on 5 acres and am considering building a DADU to use as a short or medium term rental. My question is, what is the best way to protect myself from liability? Since the DADU is on the same property as my primary...
Michael V.
Multi-family fire, list of ideal improvements
Hi,
My multi-family property (3 units) recently had a substantial fire that started in the garage and moved to the house. Thankfully everyone is safe but it is a borderline knockdown. It was an older home from the e...
Nicole Candelario
Need help analyzing this property....I'm new
Hi everyone,There is a local property for sale through HUD that I looked at today and I'm trying to find out if it is worth it or not. I'm interested in flipping right now and not renting (that will be later) There ar...