Gp G.
rent not received as on today even though 1st is rent due date an
rent not received as on today even though 1st is rent due date and later after 3rd with 85$ late charge and then late fee for each day of 20$. Should i send reminder to tenant? Are there any standard scripts you use t...
Steve Smith
How to LLC and another LLC
Have LLC for buying and renting homes want to set up separate business to manage, do repairs for LLC and want to do the work myself in that business. Can Joe Doe LLC (owned by Joe Doe) hire Joe Doe property managemen...
Daniel Hart
Quickbooks users, how do you setup your business?
I have a number of rentals held in an LLC, and an S-Corp for flipping and general expenses. A friend told me to set up "jobs" for each house. I am going to hire someone to set it up, but I wanted to get a consensus ...
Troy Sabin
Should I be hesitant to give Corporate Housing long-term leases?
Hi. I recently acquired a townhome in Asheville, NC that I'm operating as a furnished mid-term rental. I have been contacted by multiple corporate housing companies that would like to secure long-term leases and then ...
Justice Cannie
Short term goal
My current situation is homeowner and I manage one rental. I want to buy another house. Most likely I will rent the house I'm currently in. The price of the house I'm looking at is about 200k. I've saved several thous...
Jackson Hanssen
Hello from a new member of BP
Hi all,I'm a new member of BP, but a long time follower. I've had an investment property and also done a flip. I'm currently the founder and CEO of 1031 Prime, a tech enabled 1031 exchange service to help keep taxes a...
Vincent Plant
Best thing to do with cash flow?
I just picked up my first rental income property. I am in the process of having it rented out and have a tenant scheduled to move in within the next few weeks. If everything goes the way it should (the tenant pays the...
Tim James
Investment strategy, criteria, & location
Hello fellow BP'ers,My wife and I are in the education phase of real estate investing, with plans to purchase our first property 12 months from now. We are traveling physical therapists, always on the move, so we're l...
Sherise Stewart
New to real estate investing
For my first time purchase should I buy a duplex and live in the other half and rent the other side out? And before doing that should I sign up for EIN? Set up Business checking account and get a business credit card?...
Lanny Necaise
Rent payments
What method do you use to receive rent payments? Is there cost associated with these payment methods? I am looking for the easiest, cheapest way to receive payment for rental property out of state.