Hello....So, my 10K 4 unit has just about broke me....long story short....rented all 4 units without getting city certified....Evicted the first tenant and the other seen it was a 2 month process so they decided they ...

So where do the rent checks go when they are cashed (or direct deposited)? Do they go to they’re own checking account per door or do all rent from all property’s go to one account and you manage it somehow? can you al...

Hey all,I've been casually house hacking for a little while (renting to friends, not unknowns) and as I'm starting to acquire more properties and lesser know tenants, I want a more professional way to collect rent. In...

Investment Info:
Single-family residence buy & hold investment.

Purchase price: $403,000

Cash invested: $80,600

Buy and Hold Rental Number 2 for 2019.
My wife and I purchased a home that we ...

I am not sure if I am posting this under the correct category but hopefully someone can help. I currently have a few properties and act as the property manager. I run them as a Sole Proprietor but I keep all my banki...

I hear alot of people discuss ROI but nobody discusses what percentage of your monthly income you can actually expect to make it to your pocket/pay yourself from your LLC after expenses. If you have any insight thanks...

I'm just starting out and I don't think I'll create an LLC to invest in my first few rental properties. Should I still create a new bank account (and get new debit/credit cards) for all the income/expenses for these r...

Hi all! I've been searching the forums and continue to be confused about opening up a business bank account for my first rental. The rental is out of state and will be purchased out of state under my name (probably bi...

For those who use Venmo, Paypal, etc. to collect rent, how do you handle it with your LLC structure? My Venmo and Paypal accounts are my personal account. I receive the rent then immediately transfer it to my LLC's bu...

Hey there,I am finally about to close on my first multi-family. The hustle has been strong for 4 years now. I created an LLC a couple years ago and was wondering if there is a benefit to opening up a business savings ...