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Hey, This is a unique situation, I purchased my second property in June 2024, a single-family home that used to be a duplex, and is still zoned as a duplex ( remains 2 addresses). I am converting this back to a duplex...
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Not sure if this is the right category to post in, but I have a general question about managing multiple LLC's for rental properties. If you hold rental properties in individual/separate LLC's for privacy & prote...
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Hey there BP members! I just started a LLC last year and have since put 3 proeprties in the LLC. Should I open 3 separate bank accounts for these proeprties all in the LLC name or is it ok to keep all rents and expe...
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Hi there.I am looking into purchasing a lot that has a 3 bedroom house and a separate 1 bedroom house on it. This is in Omaha, Nebraska. It is zoned for R4 or single family residential district. I'm curious how you wo...
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Hello! To anyone that is planning on, in the process of, or has been involved with a house hack. What characteristics do you personally look for in a property that you want to house hack? (number of units, single fami...
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What do investors do when they have multiple properties? For example, 15 different properties for rentals, do they just create 15 different LLCs? For fix and flip, that would be a separate LLC too? Any clarification w...
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Right now I have 5 different checking accounts for 5 different rental properties to keep everything separate. Is this common practice? Seems like when I am at 20 houses, having 20 checking accounts/20 debit cards/ ...
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I have talked with two different attorneys. I got opposing opinions on below and wanted to get what others know (or do) on the subject. Please note that this is for a Texas Series LLC.
1. Imagine you have a Texas Ser...
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Hello, I am looking to purchase a small multi-unit property and want to take advantage of the FHA. I am considering relocating to San Antonio, TX from Portland, OR.
What are the typical Monthly Insurance, Garbage, a...
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Hey guys, I’m going to rent out my 2 story house after the holidays. Downstairs to a small family and upstairs to a single mother/father. Both will have separate entrances and separate yard space. Would it be wise to ...