We have put up our house for rental after staying in it for one year, and onto the next.
1-Can you have an LLC as a landlord and for it to receive rents, sign leases, etc, even though I am the mortgage borrower?2-If ...

Hi Everyone!My husband and I are stationed in Europe and would like to do a long-distance investment in the Tampa area. Currently, we have one rental (in Alabama) under our belt with 60k in equity. My question is, wha...

Hello all!

I am looking into taking my real estate licensure exam either in Feb or March for NY state. After obtaining my license I seek to build up my network to get the ball rolling with real estate. I plan on pu...

Townhouse in my name. Mortgage with the bank is 2.75 percent in my personal name. 28 years left. Deed is in my name. Bank won’t let me change the mortgage to an llc, said I have to pay it off and refinance with a comm...

I just bought my first investment property in my name (all cash) in the Detroit Michigan area. Before I file the home transfer affidavit and submit the shorter rental application with the city and setup utilities, sho...

My sister and I just bought our first rental property together in Providence, RI! As we started going through the closing process a month ago, we began asking ourselves, "do we need to form an LLC?"  The main concern ...

I am just starting out. I don’t own an investment properties yet. Every time I listen to BP and they are talking about having your LLC set up properly, come tax time, I never know what they are truly talking about. I’...

Hi everyone,
I’m a new investor in central Minnesota and I had a couple questions regarding the financials of a rental. Seeing as every CPA I tried to contact is busy with tax season, if anyone could answer even one ...

How many bank accounts do you have for your real estate investing? I am trying to decide if it is better to keep each place in a separate account or if that would be unwise?

Thanks,

Shawn

Years ago, I did several successful fix-and-flips. But, I financed the deals using my own bank account, credit cards and family loans. I never used private lenders or hard money sources. Now that I'm retired, and vent...