Daniel Showman
Using self directed IRAs to fund Real Estate purchases
I have been hearing a lot about self directed IRAs and how they have been used to fund long term real estate holdings. have any of you had any experience with working with a self directed IRA? If so could you shed a...
Isaac S.
Bank Account - Series LLC
Hi all, I have a series LLC setup for my properties, however my current bank (Chase) does not allow me to open an account due to this setup. Does anyone know of a bank that works with a series LLC?
Harman N.
Appfolio cash flow report --> Quickbooks accounting
Hi all,Every month I spend 2-3 hours translating the Appfolio cash flow report I get from my PM into double-ledger accounting for Quickbooks. First I do the Appfolio translation in a spreadsheet until I get everything...
Eric Lee
Bookkeeping for first rental property
Hi All,I got my first rental property (SFH) under contract and am now working through the process towards closing. I'm excited about the opportunity, but want to make sure I'm prepared for everything that's about to ...
Tina Lee
Online rent payment portal ask for my ssn and birthday
Hi all, what’s best website for tenant to submit the rent I try to set up on TurboTenant but ask me for my social and date of birth those are quite personal info.Any other free portal to charge tenant rent do you Reco...
Jeff Rabinowitz
Solo 401ks are much easier to manage than SD IRAs.
The last couple deals I participated in were funded through my wife's Solo 401k. They were easy to initiate (only needed a mortgage, a note and a trip to the bank to send a wire) and to finalize (received a check via ...
Jack Forester
RentMonitor Closing it's doors
Just received an email from RentMonitor.com. They are closing their doors on Dec 16th. For the landlords with less than 10 properties, who do you recommend?
Nick Ferguson
Cozy withdrew rent payment early and now my tenant is overdrawn
I use Cozy to process rent payments. My tenant, who I had to help register for Cozy, just called me because of her payment that she says she scheduled early to process on August 5th, came out today. I'm sure that in...
Kevin Breslin
Partial Payment After 3d Notice
I gave instructions to pay at my mailbox instead of to bank account in seperate letter with the 3d late notice. Tenant payed about %15 of what is due into bank account anyhow. Tennant acknowledged 3d notice but said n...
Maurice Stewart
Making our Long Term rental an LLC
Hi,
My wife and I live in Northern California and are in the process of renting out our house long-term. Our rental will be in a different town than our primary bank. We want to start the process of making the renta...