Pretty Khare
REI Friendly Bank Accounts
I am starting my journey as a landlord and have read that it is a good practice to have a separate bank accounts for each rental property to make accounting easy. Any recommendations on which bank i should open an acc...
Igor Fedulov
Looking for recommendations on a reputable Pest Control company
We are managing a new building and saw a mice/rat droppings in the basement, need to potentially mitigate. Would appreciate any recommendations for pest control service company located in Chicago and serving west side...
Austin Lennox
How should I finance my renovations when doing BRRRR?
What would be the most effective way to ensure I have enough money to rehab a property in BRRRR? Would I use a portion of my equity from refinancing another property? A separate line of credit?
Kaitlin C.
Multi-Family HOA or No HOA
I'm currently comparing two multiplex units. Both are quadplex with 2bd 1 ba mostly comparable price. Main difference is one quadplex comes with an HOA that covers water, sewer, garbage, exterior building maintenance,...
Brad Thomas
How do you document/establish the tax basis for your properties?
I bought my 9th property (a five-unit apt building) about a year and a half ago. All of my previous properties were basically self-sustaining after I put in the initial contribution for purchase. So all bills were pai...
Kadia Lawrence
Thoughts on how to analyze small mixed-use property for rental?
Hi All,
I would appreciate thoughts/ considerations/ cautions for analyzing a mixed use property that has a duplex with a regular apartment next to a small storefront that's soon to be vacant? How does one anlayze t...
Chad Chism
Long distance duplex?
This year we bought a personal home and a SFAM rental. Rental rented out October 1 for $1000/month. We’re thinking of buying a duplex in another state (WI) where my friends moved to and not sure of how to get the 25%...
Vidyadhar R.
umbrella insurance or llc?
Hi, I'm debating whether I should purchase umbrella insurance or setup an llc for my rental. Below is my conclusionIf lawsuit amount > umbrella coverage, I'd be liable for remaining balance and I could lose the ren...
Angelica Frias
Transferring money to an LLC
Hello all, I am starting to learn about investing in real estate and I am currently working with a group to learn from each other and start investing together.. I have heard that it can get messy for various reasons. ...
Fredrick C. Oesterle
Current tenant T&C's
If I buy a property with tenant in place, do I need to inherit the existing lease terms?