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Results (10000)
Brandon Heimsoth LLC state
27 June 2016 | 3 replies

I'm just now hoping to make my first investment. But, I'd like to get an LLC setup. I can't remember where I read or heard this but someone recommended setting up an LLC where your rental properties are located. Can s...

M. Anthony Contrascere Buy Empty Land, Establish a Tiny Home, Repeat....
27 November 2022 | 7 replies

Hello Everyone!After reading all that I could on BP about tiny homes, I came up with a thought that I wanted to run past everyone...If I buy a piece of land in a relative growing location, what would be some downsides...

Sven Simon Chart of Accounts for Rental Business
13 October 2017 | 9 replies

Hi all,

I got all my accounting in QuickBooks. I own a rental property but I'm also currently looking to start flipping properties.

I have a good grasp on accounting and set up a chart of accounts and e...

Daniel Phai Partnership Question for Starting Out!
30 August 2021 | 2 replies

Hello BP!
I have a possible partnership opportunity and I wondered some of your thoughts and expertise. 
BACKGROUND
My partner has all the capital for the upfront costs to purchase a single family, but doesn't have...

David Ripplinger Attorney for setting up LLC for BRRRR
29 February 2020 | 4 replies

Hi everyone. I'm looking for recommendations of attorneys that would be good at setting up an LLC for doing a BRRRR project in California. The project is specifically in Oakland, but that part probably doesn't matter....

Karl Sperl First Home Buy/Rental Banking and Accounting?
10 April 2020 | 3 replies

Hello BP Community.
I'm going buy my first home in the next few months. I am currently renting, but looking to buy a multifamily and househack to get started in REI.Currently I have 1 checking and 1 savings account...

Samantha Soto When can I start tracking expenses to write them off?
9 March 2017 | 9 replies

My husband and I would like to start investing in Indianapolis, Indiana and we already own a couple of properties in Huntsville, Alabama. However, before we begin investing in Indianapolis, we want to travel there to ...

Dev Why Analyzing a property using 2% 50% Rule using an FHA Loan
26 May 2015 | 4 replies

How do you analyze a rental property if you know you are going to use an FHA loan for your first deal, while using the 2% and 50% rule? I know how to do the rules but how do you incorporate the right numbers If you kn...

Wendy Lacey What’s the best way to accept payment from a tenant
30 July 2019 | 4 replies

We are purchasing our first rental property. I duplex on a FHA. With that said the loan is under my name but I do have an LLC. What is the best and most efficient way to collect rent? Should I accept it to my name or ...

Michael Wolffs Has anyone actually set up an Opportunity Zone Fund yet?
13 June 2019 | 7 replies

I'm thinking about setting up an opportunity zone fund.  This is still pretty new.  There's some talk about it, but I don't know how many actually exist at this point.  So has anyone actually done it, and what has the...