So My first property ever should be closing in the beginning of October... Yay!!But I'm not sure what to do here. I want to set up an online rent collection account. Maybe with Cozy. I went to my bank and asked them t...

I would like to buy 1-3 rental properties for my parents, with their funds. As their money will ultimately come to me, this is sort of like managing my own money.

However, my parents are fairly disorganized. While...

My residency is in Atlanta and my two investment properties are in Indiana. Based on my meetings with the attorney, I have created two sets of legal entity. 1.Traditional LLC in Georgia (Operating LLC)--> This has ...

We recently bought a 5 unit property in an older historic area that is seeing some growth. We got a good deal and the rents have been kept artificially low which allows plenty room for more cash flow. Only problem is ...

A buyer wants proof of funds on a cash deal, this is an off market deal. I would like to stay anonymous beyond my first name with him. I was planning to buy the house under an LLC anyways and have never setup an LLC b...

I'm reading about evictions and I keep seeing this statement:Do not take any payments after the filing.my tenants auto deposit in my bank account. do you notify the bank to not receive payments from them?

Hello,
I am a newbie renting my first condo. I have a great new applicant , seems very nice, that states they own their own business. They have five-star, glowing reviews from past landlords; paid on time, quiet, et...

Hello Experts, I am trying to open a bank account for my LLC, that is going to act as the Hard money lender for my wife, when she buys a property. When using the naics code 522292 (This U.S. industry comprises establi...

I am definitely going to meet with a CPA, but I want to understand on my own as well. We did our first HML this year, and I am confused about how I treat this for accounting purposes.  I am using Wave Accounting.  I d...

Hi guys - I’m a new investor and purchased a property in my LLC with a promissory note. It was a short term loan and I ended up defaulting and the lender foreclosed.
Now they’re pursuing me for a deficiency judgement...