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If you have one rental should you put it under the name of a business? When do you typically want to separate your properties from your personal stuff?
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just wondering about cash payments for renters. i heard about the way they can deliver the cash to the 711 etc. do you think thats an entry point for people doing illegal things to come to your building. although you ...
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I am looking to purchase my first investment property. I started my LLC about 3 months ago and I have not yet started a bank account for the entity. I am looking to make an offer on a property, but I want to make sure...
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Hello my BP members, so I just formed my entity
working under a investor and in the future and rest myself using this business entity, so here is my question, if anyone could please chime in that would be really appr...
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Whats the most common method of rent payments made in Detroit? For example: Electronically, mailed checks, manual deposits, actual cash?
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I am curious about how people who are already investing (and have been for a while) structure their bank accounts. As always, I will talk to my accountant and bank(s) when it comes time to get it all setup. I used t...
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How does it work to have tenants deposit directly into your bank account? Do you just give them your account number? Isn't that dangerous? I've never heard of this and would like to understand the mechanics.
TIA
Trina
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How do you buy and hold investors out there handle security deposits in PA -- or other states that require deposits over a certain limit ($100, in PA) be placed in true Escrow Accounts?
My dilemna is such: th...
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For those with a Solo 401 (k), what banks are you using?
Any tips on funding or setting things up?
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I have just found a tenant for my single family investment property in NJ. How best do I go about opening an account to hold their security deposit? An escrow account or a trust account? Is this something I can get do...