Andy Basler
Venmo limits....any way of increasing these
I have many rentals and have started really getting hurt with Venmo's limits on how much you can transfer out of venmo on a weekly basis.I can only transfer $19k per week to my bank. I have alot more than than coming ...
Pablo Flores
Best way to structure first deal?
This is probably the most confusing aspect of multifamily for me and everywhere I look I seem to find different answers. How would I structure my first deal between two other friends and I? I would be the one fin...
Eugene White
What are the pros and cons to opening a business account?
Hi BP,I just bought my first duplex and wanted to get some advice on whether I should open a business account as a sole proprietor or LLC and what bank accounts I should be considering. Are there any particular banks ...
Colleen F.
Is there a New zelle $500 weekly limit? or is it just some banks?
I have been getting some payments from friends and while some always had a limit a few now have a $500 weekly limit that wasn't there before. Outgoing on my business account I have not had a problem. Since most of ...
Damien Cobbs
Solo401k Fees
Hello BiggerPockets family,I have finally decided to open a solo 401k to help me with my house flipping adventures. I think I am at a point where I have read so much and I have confused myself and started to blur line...
Toan Hoang
Allowable Landlord Fees to Tenant
To date I have been very passive in charging and collecting fees other than the normal late charges, etc.. However after doing some reading and realizing that having some of these fees help curb tenant behaviour, I w...
Chris Sawtelle
Becoming a Syndactor
Hello everyone! I am a real estate investor in California who started out researching single family homes and ended up investing in multifamily. I have been studying up on syndicating and really want to dig into the n...
Grace Porritt
Should I Pay Myself as a Manager?
I am trying to figure out the best way to take money out of my rental properties with the least amount of tax impact. I was thinking about paying myself 10% manager fee for each of my STR rentals and 5%/month on my l...
Eric S.
Maximum Occupancy in an Apartment
The majority of the real estate holdings I have are single family homes. We have one duplex that periodically makes us scratch our heads when trying to rent it. Case in point. This weekend my wife showed the open u...
Peter Schuyler
Solo 401K qualification if Im a Property Manager for my rentals
Fellow BP expertsWould my LLC which has buy and hold rental income only at this point, qualify me for a Solo 401K, if I have the LLC pay me as the Property Manager?Would that self employment income be enough to make t...