My partner and I have been discussing how to separate out capital expenditures, repair and maintenance, vacancy, etc. for each rental within our bank. We now have a number of rental properties and are now trying to fi...
Hello All, First post! Here it goes..My company is currently attempting to start a successful property management company. They have tasked me with setting up the bookkeeping and accounts. Current set up: We created a...
Bigger pockets,
I'm struggling with setting up an organized method to keep track of my rental income. I'm leaning towards the simple method of one checking and one savings account for each rental. This is great, unti...
I am closing on a three unit in the end of July. The building only has one boiler for all of the units but has separate pipes (sorry I don't know the correct term) going to all of the units. How do I submeter them? Wh...
Hi!
Maybe one of you can help....I run a property management company.
I have a new prospect that wants to go through with a contract. They have an LLC for each building. Do I really have to do a separate management ...
I own 9 rental houses which cover all of my living expenses. Along the way of acquiring those, I sometimes came across a deal that wasn't for me, so would wholesale it out to a friend or another investor. I'm consider...
PSA: I recently found out that my credit union offers personalization of your debit and credit cards. It's a free service for the accounts you have at the bank/credit union. I have made each of my rental properties a ...
It's zoned as multi-family. This property has two units on the same lot. The primary unit is 1650 sq ft and the secondary unit is 1350 sq ft. Both units are separated by a fence but share the same address and utiliti...
Dear BP fellow members,
First of all, thank you for all the amazing information you guys are sharing. As a beginner investor wannabe, I'm learning a lot from this community and this is my very first question I'm pos...
I have a question about doing a refi on a property in Atlanta. It is our primary residence the home was purchased with three additional lots adjacent to the house. We used a 203K to purchased and renovate. So its time...