Mark Gruetzmacher
Bank Accounts / Checking Accounts
What is the best way to setup up bank accounts for rentals. I have my main personal account. I also have another bank account at a different bank just for closer convenience. I have a 3rd bank that I just opened up...
Jennifer Gill
Do Not Call List - sick of calls!
I'm really getting tired of people calling me when my number is on the DNC. All brokers, realtors, wholesalers, etc... you need to check this list before you call anyone!!!! It is illegal (see below article). I real...
Nitin Aery
Evaluate tenant business in startup mode
Hi BP, I am in the process of working on my first real estate deal. The property is a commercial retail location with a long term (20 yrs) NNN lease structure. The numbers on the deal are pretty attractive and check...
N/A N/A
Transfering a property into an LLC
How do you go about transfering a property you still owe on into an LLC ?
And..is it even necesary for tax / legal purposes ? Meaning - I'm going to form the LLC for liability protection but wonder if I need to then...
Stephen Leblanc
hello from nova scotia canada
Hey everyone....this site is great. I have 3 single unit rental proporties and I'm looking to expand my empire. The next rental will be 4 unit+ to improve my cash flow. I have lots of questions and I seem to be fin...
Bonnie Donahue
Setting up your biz? LLC? Corp? Partnership?
Hello! I'm new here and just starting my biz with my husband. Did you start an LLC, S Corp, C Corp, or Partnership? Our Accountant suggested that we do a partnership but I've read that a C Corp is best. We are going t...
James Letchford
Business Structure(s)
Today, I went into contract on my first deal for a buy and hold property (with intent for BRRR). I'm so stoked.Going forward, I'll be picking up more buy and hold properties to add to my list. Here's my question: Wh...
Justin Witt
Quit claiming Deed to LLC
Closing on another duplex soon and would like to know how long you guys wait after closing to quit-claim the deed to an LLC?
Also, do you guys have the mortgage company ACH the mortgage payment from the LLC's bank ac...
Nathan P.
Why aren't property managers screening me as a tenant when I call?
Recently I have been looking for a new place to rent. From what I have heard, property managers should be screening potential tenants on the phone prior to any showing taking place. I have called about six or so place...
Brian Jackson
Supplemental Lease for AirBNB
I was wondering if anyone has used any type of supplemental lease for their AirBNB/HomeAway rentals. And if so, what types of things do you cover in this document.