WA state requires the security deposit account separate from your other bank accounts. As a new rental property owner, I'll create a new account for security deposit. Wondering though if I can use the same account to ...

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...

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 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...

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 ...

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...

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...

So I am about to collect my first month's (plus last and security) rent on my first property - rental application in, background checks complete, initial deposit provided in the form of a check... but I don't have a b...