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My wife and I have just started building our rental portfolio and plan to add 25+ properties in the next 2-3 years. We're closing on our first deal this coming week and don't have an LLC setup yet. We're absolutely pu...
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Straight to the point...HELOC on my primary...want to use some of it to purchase a new primary...I have not drawn any of the funds and deposited in my bank account...my question is...can I not use these "untapped" fun...
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Hi! I am a U.S. Citizen living abroad and I just purchased a property in Baltimore, MD with existing tenants. I have a trustworthy friend who will be JV'ing the property management. He will be collecting the rent v...
Hello,We recently purchased a rental property and created a domestic limited liability LLC (two members - my spouse and I). Title company is asking the EIN/TIN of the entity. Is it better to create a new EIN or is it ...
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Has anyone tried any of the online rent payment tools listed on this page: https://www.biggerpockets.com/rei/pay-rent-online-...What do you recommend in terms of low cost and security? Some people recommend Venmo.Goog...
Thanks for taking some time to read and hopefully reply,I will be closing next week on a three family house in which one of the three units I will be living in. I'm really unsure if I should be opening a new bank acco...
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So I am going to be managing multiple listings and I want to make sure I am not missing anything that you experts are doing. When all is said and done I will have up to 8 properties listed and on some I will be the so...
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Hi,
I'm looking for a free PM platform that allows distribution of my rent collections by certain percentages, to be distributed to multiple bank accounts. Does anyone have experience with this?
Thanks!
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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...
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So my wife and I are beginning our real estate dream. She is currently working as an RN and will be accepting a job in Tucson, AZ at the end of July. We currently own no properties and I work in CA(military) with plan...