Hi everyone, I was wondering if anyone had an automatic payment system setup with their tenants to receive monthly rent payments automatically. This way you don’t have to physically pick up rent or wait for them to m...
I'm new to BiggerPockets and I'm working on my first deal. I have been involved off and on in the rental business with my dad and grandpa. I also did a flip with my dad several years ago. Anyway, I am buying a duplex ...
Hello! So I recently formed an LLC, and am planning to do some banking with my business. I live in Hawaii but my LLC is out of state. Its pretty sad, but here in Hawaii we dont have any national banks with local branc...
My family has an apartment complex and currently we do not have a website. I want to get a website for our complex to put useful information on there for the tenants.One of the big things I want is for tenants to be a...
Hello BP family! I am looking to obtain my real estate broker license and researching pre-licensing classes in the Chicagoland area. Any recommendations of a reputable school/course? Due to COVID-19, I saw some school...
Hey BP Fam,My partners and I are under contract with a Mobile Home Park in the Eastern Shore of Maryland. The park has some vacant lots and an onsite manager that lives rent free. Right now he collects payments in cas...
Hello BP experts,
I am new landlord getting ready to lease my townhome to a prospective client here in the Raleigh-Durham area.
I read some of the posts here on quick and safe rent collection practices ...
Hi BP!New self managing landlord here. I'm going to be signing up with Cozy/Apartments.com and love the idea of tenants paying online. In CA we can't mandate they do so, so how best to encourage them to do so? Can th...
Wanting to understand how the interest part of our income (partnership LLC) for short term loans- mostly fix & flips, are considered for tax. One accountant said it’s not subject to self employment tax since it’s ...
Do record expenses and organize receipts as they come in, at the end of the week or month? Currently, I am doing them in excel as they come in but this proves to eat up a lot of time, sporadically throughout the day.