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Hello,I recently established an LLC and am looking for recommendations for opening a checking account for the LLC. This account is primarily for depositing rent fund. Many of which are paid online, but there are a few...
I need each rentor to pay their rent to a specific account (for asset protection)... Whats the best and most effective way to collect rent??
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This is a total newbie question- so I apologize in advance.
Do property management companies typically keep the books on a property for their client (and deliver a balance sheet, income statement, etc)?
Or do they...
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I'm buying a house with partners. It's under contract and we filed for an LLC which should be approved any day now that we're assigning the contract to. We've been writing personal checks and spending $ for inspection...
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How do you all organize your rental property bank accounts?Bank Account per property? Pros: Would be very easy to see expenses/costs etc. Cons: Would end up with lots of Bank Accounts but still organize them all under...
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I am wondering if you built up $10,000 or $25,000 or $100,000 in cash to invest, but were not ready to invest, where would you park your money? Would the "location" change based on the dollar amount?- Money market (FD...
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Looking for easy book keeping and accounting programs to help get us organized. We have 11 doors (5 units) and are starting to feel disorganized especially with the accounting. We are in the process of looking into ...
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I'm familiar with the northwest Georgia area, and there are some good deals for several MHP within a 150 -mile radius of each other. Most of these parks own the mobile homes though, so it's certainly not a majority o...
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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.
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Hello again,So as I get ready to make some money moves this year, I am looking to add a Money Man or Woman to my team. Now one of my problems is that I do not understand the difference between a Tax accountant, CPA, T...