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Hi, Is it best to form an LLC if I have 8 rental units? I Know I can get an LLC online, but do I need a business license or should I get one if I'll be managing the rental units?What are the pros and cons if any?
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Hey BP, I wanted to get your thoughts on property management. For someone who is just starting out and purchasing either a SFH or duplex to fix up and rent out, would you recommend self managing the property or lookin...
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Hello, I was looking to get some advice on property management software as a landlord. I came across an ad for a program called doorloop on FB that says you can collect rent, request maintenance , list your property, ...
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I am looking for an easy, consistent way to collect rents.
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I have around 85 units and by next month I will be doubling my units and will have 175.I do not have a dedicated office for our real estate, I office out of my husbands and my construction offices/showroom. Which in ...
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Having earned some money now from deals I’m wanting to bank my REI earnings separately from my day job to both track my earning/spending but also maximize my return from cash I earn. I currently use a credit union for...
Hello, I am 25, single, and working on getting my first property that I hope i can live and rent rooms to friends. My question is on getting pre-approved. I am worried about how my bank accounts looks. I have a WF ac...
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I live in MD and am focusing on properties in both MD and NC. I've owned one rental for a few years now and want to expand. I have contacted several lawyers in an attempt to set up my LLC; however, can't get any to ...
I'm a software developer looking to develop a suite of solutions for landlords with a smaller portfolio. I'm trying to learn how landlords collect rent in general and to basically understand how it's done across diffe...
Good afternoon bigger pockets members,
I recently purchased a duplex near Boston, MA. Due to my job I have to move down to Key West, FL. I currently pick up checks form the tenants now. They mentioned using Venmo, I ...