Andrew Z.
How to set up accounting and banking for reserve funds.
Hello, everyone. I have a newbie question about reserve funds. Let's say I have a number of rental properties, each with income, actual expenses, and reserve funds for capex or vacancy.1) Do you have separate bank acc...
Beau Alesi
PM Lender Vs. Mortgage
Was watching and reading about BRRRR strategy. When you use a private money lender as opposed to getting a mortgage from a bank what different about using a private money lender as opposed to a bank? Thank you.
Candace Pickenpaugh
House hacking a duplex with shared water meter, can I pay water bill from LLC?
Hi all thanks for any advice We are closing on our owner occupied 2 bed 2 bath duplex Monday. Lots of questions but our CPA is booked full until April 19th coincidentally! We plan to take payment from existing tenan...
Anthony Kenmore
General property maintenance
Hello all!
I'm looking to rent out a property and the property has a pool. How would I ensure that it continues to get properly maintained? I can't force someone to use a specific service can I? If so would it be in...
Josh Pitts
Starting a LLC as an agent
Hey everyone, I recently got my license and was wanting to set up a LLC as an agent, but I want to own a flip/ rental business also. What is the best way to go about setting up these two businesses? Shou...
Lara Stuart
Help! Trying not to commingle inherited funds within my trust for new LLC doing PML
My father passed and his trust became irrevocable. My 2 siblings and I now have separate trusts derived from Dads (we all get a K-1). I want to use some of my inherited funds to start doing some PML and EMD but I do...
Stephen Dunker
House Hacking Advice Wanted
Hello BP Community,
My name is Stephen Dunker. I am a 25 year old design engineer in Cincinnati, Ohio working towards my PE. I closed on a property in June and am currently house hacking. I will be fixing up a two-b...
Ellie Perlman
My 5-Step Process to Raising Capital in a Recession
I’ve put together a 5-step process that I use to raise capital in a volatile market. I’m sharing it with you in the hope that it will help you raise the capital you need for your next deal. Feel free to share your bes...
Dan Creed
Inherited rental properties - Where do I start?
First timer here. My dad passed away recently and left 3 properties to my siblings and I in a trust. 2 of the properties are multi-family rental units. All units are rented and are cashflowing. The third property is a...
Chris Orza
Wife doesn't want personal risk cash out refi - what other options?
My partner and I have 2 BRRR's...looking to get our 3rd.He wants to do a cash-out refi to pay for the 3rd.My wife doesn't want us to take on more personal debt.Hard money lenders only want to do flips.What other optio...