When calculating cash flow, we use 6-8% vacancy, 6-10% maintenance and 10% caps. The question I have is, if there are more than one house rented, how an invester will manage each of the accounts. If we need to look at...

We moved to a new state about a year ago and bought 2 STRs as part of our retirement 'plan'. Fast forward to April 2021...I took all the pertinent info to a new Tax guy that was recommended to me. We are under an exte...

Hello biggerpockets family, hoping to get some advice/ tips on how to go about collecting rent. I currently have them Zelle me to my personal bank amount but I’m Wondering if it’ll be easier to manage using a platform...

We have been using ACH though our bank for many years and it works great for the most part. It's also free. The downside is that is a very rigid system. Some tenants also don't like the fact that they can't initiate a...

Hi everyone! I've been a long time lurker and first time poster. This question has been on my mind lately and I hope someone can help clear things up.

Let's say I have a LLC established and I want to transf...

Hi everyone,We made a few utility payments for our new house in Florida over the phone and they charged  every time. How can we pay without any additional charges? I am planning on setting up a new bank account and ma...

Hey guys, I have a question! Should I open a separate bank account for each rental I own?

Hi,I wanted to check how this entity structure works. If there is manager-managed umbrella LLC and have property LLC with member as umbrella LLC. Can we get EIN for property LLC using name, address and EIN of umbrella...

My partner and I just formed our LLC as co-owners. We are trying to determine the best banking option for our business and have come across a lot of recommendations online to form capital accounts to help track each m...

Does anyone have any recommendations for the best program/software to track rental property expenses and income?