Hi everyone. I have a questions about cash flow of rental properties. So I’ve been reading about all of the expenses I should be taking out of the rent I receive to determine my pure cash flow. Mortgage, taxes, insura...

Hi All,My partner and I have started our businesses flipping homes. We have our main LLC (call it LLC-1) and then each property we purchase and flip gets their own LLC (for risk reasons). We have a general loan for al...

Hello!My husband and I plan to start managing a rental property. We are currently under contract on a new primary home. We are keeping our current home as a single family rental. This made the most sense for us with a...

I am in the final steps of moving my first multi unit property to a LLC from our names (me and wife). Created LLC, got FEIN. These are the remaining steps I have in order
1.Initiate the quit claim paperwork and submi...

Hi guys! Wondering what software/systems you guys use to track income and overall financial health on your portfolios. All of our different properties are in LLC's with the income & expenses attached to a bank acc...

Hello everyone I recently purchased four rental properties. I am looking for input on how everyone collects rent. I do have a local bank where tenants can deposit rent. I am aware of Venmo but I’m curious what everyon...

Hello,
My brothers and I would like to start investing in Real Estate and would like some input on how to go about LLC/banking with them. I do have my own LLC and was wondering if it would be better to create a new ...

For those of you who have a single family home in your name, use an umbrella insurance policy, and have no LLC, I assume you have the tenant write the check to you directly? Do you have a separate bank account just fo...

Hello, I have a vacation rental property management business and I have a question regarding deposits into a bank account. How I have it set up currently is the owners (my clients) are receiving Airbnb payouts and I s...

I and my step-mother are partners in one residential rental property 50/50. I and my two sisters will inherit the rental. My step-brother will inherit her primary residence. My stepmother died Dec 25th 2023 (96 y...