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Results (1544)
Account Closed To LLC or not to LLC? That is the question
20 February 2019 | 5 replies

Hello. I am a new investor and have not yet done any deals, but I am learning a tremendous amount on these forums and through the books introduced to me by this site and the members of it. There are still a few things...

S Yu Separate Bank Account for Rental Activities?
13 May 2024 | 16 replies

Hi all

I'm closing on my first property today a 3-family unit. I was wondering if I should set up another personal bank account for all activities. I'm going to be depositing my checks and if there are repairs I'm go...

Joyce Kim How to avoiding commingling
1 August 2023 | 15 replies

I have a question about how to avoid commingling of funds...I am about to close on my first rental property in my own name and have plans to transfer the title into an LLC later. Once I have the LLC, I will be able to...

Jesse Simpson Hard Money Lenders issues
23 June 2019 | 11 replies

All the research I’ve done through Bigger Pockets, I cant seem to find a Hard Money lender to lend under $50,000.In my area (Illinois) there are properties selling between $5,000-$10,000. With an estimated Reno costs ...

Paul A. Renter deported... huh!?
30 April 2015 | 26 replies

Got an email today from my PM stating that one of my tenants has been deported... how does this even happen? lol. Is this something that should have been caught during screening? Tenant was 2 months into their lease.....

John Moran Self Directed IRA Tax/Accountant Expert
20 September 2018 | 4 replies

Does anyone have any experience with self-directed IRA and the process to move money and properties out of them?

Stephen Brown Denied for a Business Credit Card
21 May 2021 | 3 replies

Hello BP,I set up an LLC for my first property back in December. It is a single member LLC and I quick claimed the property from my name to the LLC's. I will have a separate bank account for the LLC, and I have separa...

Michael Moikeha Protecting a Marriage and Business Partner
22 February 2017 | 5 replies

Most of what I have seen on Prenups are about marrying someone who has the same goals and if you are already worried about keeping things separate, then maybe you are with the wrong person, but that seems shortsighted...

Demetrius Davis Best Entity for Residential Multifamily
10 November 2022 | 5 replies

I’m closing on (2) 4-unit buildings in Chicago over the next two weeks. Both mortgages and deeds will be in my name. What kind of entity/entities should I form to hold and run these properties? These will be my first ...