Connor Mckelvey
Sepaerate Checking Accounts For Each Rental Property?
Hello!I have an offer in on what will be my second rental property and I will be purchasing my 3rd later this year. For my first property I opened a new checking account for reserves and for receiving rent payments fr...
Dave Godfrey
Non-renewal of lease - Pennsylvania
Hi BP!One of my clients is looking to terminate the lease after the first term of the lease is complete. It is in PA. Looking to see if there are any PA laws that might prevent a termination. Maybe there is an at...
Joseph Niedermeyer
Promoting professionalism vs anonymity
As we become professional real estate investors we promote ourselves publicly as being professional real estate investors. But how do you balance that with risk exposure? As I understand it, LLCs can help with anonymi...
Jason Charlier
Minumum cash flow in investment property
I’m in a fairly hot market (prices up 51% over the past decade). Finding deals is not easy here. I’m curious what people’s thoughts on a minimum cash flow for rental properties should be? So let’s say the piti is $1...
Andrew Alpsteg
CPA Recommendations in Nebrasaka
Hey everyone,
I was looking to see if anyone has a good CPA they would recommend working with? I am fairly new to real estate investing. I purchased a duplex last July. I rent out the other side and half of the side ...
Omar Butler
Help with paying back investors
I will have have multiple properties under my belt soon thanks to bigger pockets! The only part where
I am confused, if I have multiple investors for example. A 300k project
and I have 6 different private investor...
George Edwards
How do you comp new construction? Any tips?
I’m leaning towards using new construction comps that are in the same exact subdivision as the subject property. Also, the listing agent of the builder in the community says the appraiser will use the comps in the sam...
Keli I.
Newb Landlord Condo rental
Homeowners association requires background and credit check $50 to renter... I've been looking into Cozy for rent collection and potential late fee reminder but wonder if its worth it- or just have them use Venmo, Zel...
Ryan Quint
Accounting for Roommate Rent (Mortgage and LLC Considerations)
Hi all,
My significant other recently purchased a 5BR primary residence and is renting out 4 rooms to roommates. We have an LLC, but the home is under her name (we understand you cannot put mortgages under LLCs). Whi...
Andrew Maxion
How to get financing for a Accessory Dwelling Unit. Help please!!
Hey guys! I'm thinking adding an ADU for passive rental income in CA. Not really looking to do a Cash out refi, but was wondering if you have knowledge if hard money lenders are a good idea. Just need help getting dir...