Bobby Bohren
Help with rental income and expenses logistics
Hi All! Quick question.
Do you recommend having two separate blank accounts set up with multiple properties under one umbrella? Basically one account for incoming rent and expenses, but the other for capex, maintena...
Nathan Sigars
Financing an additional property or paying down a current property
Good Morning BP! I have a question that I've been playing over in my mind in many ways, my question is I have 1 property with a long-term tenant that in July will renew our contract for two years. I have 20% in cash...
Jon K.
Would you rent to person with one bogus check in past?
Roommate situation, where they will share my house.
I found a potential roommate who works in the financial industry.
This person had a court case within the past year where they had a bogus check. The result was "d...
Danny Mak
First Investment! Need Criticism and/or Support!
Hi All,I graduated university in 2017 and have been working in a big tech company for two and a half years. Real estate is something I have been learning by myself for the past year. I am trying to avoid paralysis by ...
Corine Haener
Three way split - 2 contributing downpayment 1 taking on mortgage
I'm interested in getting feedback on this scenario:Three people go in on a partnership on a rental property. Person A contributes $30K to downpaymentPerson B contributes $40K to downpaymentPerson C takes on a mortgag...
Frankie Woods
How to account for "rent saved" on primary residence ROI
The debate rages on about the cons and benefits of buying a primary residence. As a military member, one of my primary strategies has been to purchase a primary residence with a low ( <5%) down payment and rent u...
Kevin Phu
Is accelerating amortization beneficial?
Not sure if this would be the exact section to put this so sorry ahead of time if it isn't.I was hoping to discuss the idea of making an additional principal only payment on my mortgage every month. I currently have a...
Joshua Vanderzanden
Multi-unit or Commercial Rental first
I hear find yourself the niche that you want to be in. Well apartments are where I want to be I like the fact you have one mortgage and tax payment on multiple doors. Except I have no experience in investing. Should I...
Steven Cobb
Different Bank Account & LLC for Every Property?
Hey Everyone,Do you have a different bank account for every property, or do you have one account that holds all of your funds? I’m assuming if you just have one account that you would need to have a well documented sy...
Joseph Chew
New to Texas Real Estate!
Okay so I’m going to attempt to make this as short and simple as I can. Me and my business partner are getting into rental property real estate here in Texas. We have both taken out personal loans for $10,000 each for...