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Should I create an LLC to buy my first rental properties under? Are LLCs necessary for real estate investing? I plan on growing my properties each year and want to keep them under the same LLC and grow the company whi...
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I have my rental's reserves sitting in my business account earning nothing. I have my personal finance reserves over at Ally earning 1.65%. Nothing crazy, but still it's something. I cannot open an account under my...
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I wanted to ask if anyone has heard of the guest contact role with Evolve. It is basically a person who does cleaning, maintenance and talks to the guest while they're at the property for you. I currently use four of ...
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Hello Everyone,
I created an LLC to operate my investing business and provide protection to myself and my 2 partners. By running my company through an LLC I found it very difficult to acquire financing for properties...
Some time this year I would reach 10 rentals. Wanted to seek advice on financing more than 10 rental properties. Is there a portfolio lender I can go to? Any suggestions ideas?ThanksSid
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I have recently went through the process of setting up my SDIRA with checkbook status. The bank that is housing the LLC insisted that I have a credit card. Is it a prohibited transaction to use the LLC credit card to ...
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Hi everyoneI need a reference for a business bank account for my LLC.As a non-U.S. citizen (South African/Netherlands), I am the sole member of a GA LLC, which owns a property in Atlanta.I am looking to open a bank ac...
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I am a newbie and just established an LLC for the purpose of buying single family,duplexes and quads as buy and hold investments.
The mortgage broker just informed me that lenders will not finance a conventional mort...
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My bank, we will call 'local bank', has a transfer limit of $6000 per month, in or out as a bank to bank online transfer limit. I've contacted them and they have to get management approval to transfer more than that,...
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Hey everyone! I was just curious what you found was the best way/ how you prefer to keep or store cashflow and reserves for your rental properties. Do you prefer your personal account or have you opened a business acc...