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I am literally at a dead end here and I am wondering if BP members have come across a similar situation to this....Myself and another investor own 2 properties, paid in full. One has a value of approximately 110k and...
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Hello- I have created 2 LLCs for my 2 rentals that mean I have to have 2 different bank accounts? or I can have just one bank account that can hold all the LLCs. Any suggestions?
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Hi all, I wanted to get a HELOC on my rental and wanted to get some recommendations for banks to use. The rental is in the Portland, OR metro area but I live in the Austin, TX metro now. Should I get a local lender in...
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How do you make sure you are not getting scammed by a fake cashier's check?
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Hi all! I have a question about a P&L and a trailing 12 for an apartment building. I currently have a personal loan that I used for a down payment on an apartment building. The apartment building is in an LLC and ...
I am about to close on my first rental property. I am planning to create an S corp from the advice of a CPA. My question is, I've been searching for 5 tradelines for my new corp to get Paydex credit. However, I think ...
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just recently signed a lease on my first ever rental. So I was wondering How everyone does rent collection.
I planned on more of a personal approach for at least the first few months to check up on t...
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If I'm using an LLC to purchase a property with a hard money loan, but I am borrowing money from a family member for the downpayment.. How would I receive that money from my family member? Would it go to my personal a...
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Hello, fellow BP'ers! I'm new to real estate investing and I've just finalized my LLC here in California. I'm looking to open a bank account for the business and will likely choose a local bank or credit union. I'v...
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Hi BiggerPockets community,My husband and I live in the greater Dallas area, but are eager to start investing in rental properties in Tyler (we have roots in East Texas). I've been calling regional lenders all morning...