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Is it a good idea to hold my properties in an LLC? Should I set up a seperate one for each property that I purchase?
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One of my tenants is asking me for a W9. Ever since they've moved in, they've been paying their rent in 3 checks: a personal check, a check from their first business, and a check from their second business. This has n...
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Hi, does anyone recommend property management software that integrates well with Quickbooks?
We own about 50 single family properties around Philadelphia. Our bookkeeper is great with Quickbooks online and really und...
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Hello BP,It is time for me to renew my contract with our tax strategist/financial advisor. We are upgrading our services to have them take over our accounting and book keeping as well. We are happy with their services...
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I wanted to get some feedback on the thought of separating Airbnb properties under different Airbnb profiles per property to protect oneself from the "worst case" scenario where Airbnb deems it necessary to freeze, su...
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What are people's thoughts around tenant's Renter's Insurance in Chicago? We recently signed a lease with tenants (2 people - Person A & B) where they have 1 renter's insurance. Person A has the renter's insurance...
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Hey all, I need some creative ideas as it pertains to obtaining a loan as an LLC.I currently started an LLC and I am looking to obtain a loan for financing deals. None of the members in the LLC would like to put their...
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Hello BiggerPockets community! Can you please help me analyze this deal.Property type/description:2 Family - unit 1: 3bd/1b + Unit 2: 4bd/2bMarket rent in area: 4beds/1bath (rare): approximately $2000-2200 / 3bd/1bath...
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Unfortunately one of my tenants defaulted in March'24. She paid rent till February using one of the rent collection platform that I have been using. Last week she recalled the February month rent saying that she didn'...
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Good morning BP members. I am actively seeking to make connections with those who have successfully transitioned from active ownership to more passive real estate investing. I have been on an information bender as I ...