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Sorry, I couldn't think of a better title >_<So, here's the question: If you have own a property which you moved into an LLC AND you have a property manager, managing said property, how should payment of his ser...
Hi Everyone! I'm really excited to have found the BP community. I've been watching the forums and browsing and satisfying my curiosity about the subject and science of REI.I've talked with a few landlords in my local ...
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Hello, My wife and I recently opened a Series LLC as we plan on having more properties. I asked the banker if we will need to have a separate checking account for each of our properties but she didnt know. Any insi...
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Hello everyone,I have my first rental property already rented and I am looking for the next one, but I'm wondering how everyone manages money? Like day to day income/payments, and what systems are good to get set up? ...
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Our tenants pay rent with cash. Some send money orders, some deposit cash in our account, but a majority used PayNearMe to pay at family dollar locations. Now the Family Dollar in our area will no longer accept PayN...
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Hi everybody! My partners and I are starting a RE investing company in the DFW area. We will be doing flips and buy and hold investing, with plans to scale to mid-size apartment complexes. We're in the baby stages of ...
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I am closing a property in Cleveland Ohio, Live in Maryland. I had opened an LLC & business bank account for in instate deal, I didn't go through it but now found a better option in Cleveland.What is my next best ...
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Hello- I have created 2 LLCs for my 2 rentals that mean I have to have 2 different bank accounts? or I can have just one bank account that can hold all the LLCs. Any suggestions?
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I have talked with two different attorneys. I got opposing opinions on below and wanted to get what others know (or do) on the subject. Please note that this is for a Texas Series LLC.
1. Imagine you have a Texas Ser...
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Hi everyone, I just moved to the US and I am looking to invest in Real Estate, I am interested on doing flipping but I am not sure where to start and if is possible to do it abroadAny advice would be great!