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How do you guys recommend setting up property operating accounts (e.g.; checking) for multi-family apartments? Do you have an operating checking account for each property? One account for all your properties? #AskBP
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Hey!! {first time posting}... So, I have a handful of rental properties in my name and I'm in the process of transferring each of them into their own LLCs, and I was curious if I can use one bank account and one cred...
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What’s the proper etiquette when shopping mortgage rates? If planning for shopping rates, is it respectful to be transparent and tell the lender/broker that you plan on shopping the rate to get a better deal?
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Hi, I was charged $2000 HoA violation fines and now a debt collector has started sending me notices.I was never notified of these violations (removing pallet board from backyard and repainting the home) in time as the...
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I am currently using a PM for my STR and I am considering self-managing at this point. We have had people burn a large portion of a living room rug, smash televisions, allow a pet to chew up a dresser in our pet free ...
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One popular question on BP is the question of "should I file for a LLC" or "Do I need one?"I definitely do not have that answer because everyones intentions, needs, and goals are different. But... I decided to file f...
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I placed my first rental property on Craigslist 3 days ago and 10 responded so far and are interested. Here is my plan, followed by a few questions, what do you advise?
I have telephone screened a few and weeded ou...
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Just a quick query of the syndication sponsors out there. 2019 will be the first tax year that I have participated as an LP in a syndication(3 properties, 2 separate deals). When do you typically have the K-1 sent out...
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hey BiggerPockets community, I'm just getting started in real estate and following popular belief, I was under the assumption that for tax and liability benefits the first step was to get some corporate entity set up ...
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I am in the process of purchasing my first trustee sale. (This isn't my first property, but it is my first trustee sale). The property is located in Dallas, Texas. I have won the auction, signed the contract, and wire...