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Results (10000)
Harvey Rogers Bank accounts for first rental
25 August 2021 | 4 replies

So I just purchased my first rental. I was curious should I open a separate bank account for this property/ future properties in the and keep it seperate from my personal at this time? I’ve bought this property in m...

Mary Joe Deleting applicant's file - dilemna
19 February 2015 | 16 replies

Hi All, I always delete the applicants files and personal info after I have denied the application.  Would it come back and haunt me one day if someone files a complaint claiming that I unfairly reject his/her applica...

Terrence Bayly Personal Purchase vs LLC
21 January 2018 | 5 replies

I am looking to purchase a buy and hold investment rowhome in the Deanwood neighborhood of Washington DC. What are folk's recommendations for forming an LLC to buy the property vs. buying it in my name, keeping in min...

Yaamu Camara How do i set up my Bank account as a first time RE investor?
19 May 2020 | 53 replies

I just closed on my first property a triplex in Peoria Il, but i currently live in Georgia. I’m struggling on how to set up my bank account for my investment (s). I know i cannot use my personal bank accounts. Please ...

Koo Sharifi LLC and self managing
1 May 2023 | 3 replies

Does self managing a rental that you own under a LLC make it easier to pierce the corporate veil? With self managing, I mean you personally interact with tenant, collect the rent, personally make repairs? Or will you ...

Austin Hughes HELP! Major hiring decision. Input needed.
22 December 2017 | 8 replies

I've been in business for 2 years, and have reached the point where I've consistently been remodeling at least 2 homes at any given time. My average is 3 homes being remodeled for rental or flip at any given time. Tha...

Francis Rusnak Hacks to make taxes easier
8 October 2016 | 3 replies

Hi. I'm a new member from Las Vegas. I'm at the beginning stages of my investing (love the podcasts) and was wondering if any veterans out there had any 'Tax Hacks'.I've considered getting a separate credit card just ...

Chris Tedeschi Moving a Property to an LLC... equity
4 November 2022 | 5 replies

Hey everyone,I have one multi-fam rental that I am planning to move out of my name and over to an LLC. Does anyone have some pros and cons to doing this? I know some of the pros, which is why I'm doing it, but I'm thi...

Sam Brock Best Way to Pull Money From These Properties
26 December 2024 | 2 replies

I'm a contractor and currently building two houses on two lots that I own outright. The goal is to keep these for rentals.
I currently own the land personally and am funding the builds with a combination of HELOC and...

Ali Senchenique Security deposit and rental income question
24 May 2018 | 6 replies

Question about bank accounts. Do you guys keep security deposit in a separate bank account and if so what kind? CD, money market account or just plain bank account? Also for rent, do you open a different bank account ...