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...
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...
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...
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...
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...
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...
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/ ...
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...
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...
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 ...