Hello folks - I found a rare townhome (3br 2.5ba) that has an additional 1br unit (Kitchen, stove, fridge, living room, etc) above the garage with separate entry. I plan on renting the townhome and the garage unit sep...

Good morning!Just wondering if anyone has any thoughts on bookeeping for a Series LLC?  Our CPA recommended separate checking accounts for each property in a Series LLC.  Seems like there could be a simpler solution w...

For those landlords who take security deposits in City of Chicago, is a separate business bank account sufficient for the security deposit or do I still need to set up the special landlord account that requires all W-...

Hi all! I am just about to buy my first property in the Austin area, and I want to make sure I have everything I need in place before closing. I am looking to set up a checking account so I can keep my finances separa...

Morning BP,I’m excited to say that I am approaching my first closing for a multi family property in Rhode Island.Its been a long road with lots of ‘cleaning my truck’ exercises along the way but here I am. Pretty exci...

Hi everyone,I'm looking into small and medium sized apartments in Windsor Ontario and just wondering how common it is for the utilities to paid for my tenants? Most of the properties I see don't cash flow well but I'v...

I am hearing for taxes, financing, and legal organization that creating a checking account for each rental property is advised. I want to start organizing my self properly now as I am just begging. I am concerned that...

Hello all,

So I am looking to buy this duplex and I noticed that it has two separate gas meters, but only one boiler. I called the gas company to find out about what all I need to do to separate the utilities and thi...

House hacking is a strategy that involves purchasing a property and living in it while also renting out part of the property to generate income. There are several strategies that can be used to successfully house-hack...

Does anyone have experience managing multiple portfolios with Appfolio? I’d like to setup a sub-portfolio with the complex’s own branding, phone number, etc that is different from our parent company’s brand.

I am al...