Daniel Klucas
Refi and remove additional lots from loan.
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...
Marc S.
Investment starting - Need advice for Bank accounts
Afternoon BP Community,I am beginning my RE Investment after months of paralysis analysis. I will be investing in a Syndication after doing a lot of research and homework, I'm confident it will produce great cash flow...
Dave K.
accepting rent in multifamily
How are you structuring your bank accounts to accept rent, to know who paid, if you have an automated/online system?I have a 4 unit, that i have turned over from section 8/low income, to student housing. I have te...
Zaid Badabwan
Using one bank account for several portfolio
HelloAbout two weeks ago I made a post looking for rental property accounting software. I have selected Stessa because of the possibility to have separate portfolios each one with its reports including P/L and balance...
German E.
Best way to protect ADU rental with insurance?
Dear BP,
I have a couple of ADU units in single family rental properties and am looking to make sure they are properly covered with insurance. I have received contradictory information from insurance agents - my fi...
Alex Hogenson
Personal Expenses vs. Business Expenses Help
Hello BP, I am looking into purchasing my first duplex, which I will be owner occupying. I have a question about how to manage my banks accounts. I want to keep my personal income/expenses separate from my business in...
Jon A.
Owner occupancy duplex and tax question
I have recently separated from my marriage partner and moved into a duplex that I purchased before marriage. This has all happened within the last 30 days. We have a HELOC that we qualified for together back in 2020 t...
Cody Richman
Combining TMS Numbers
New to the forum so forgive me if there is a better area to post this question. I'm looking at a portfolio of 5 townhomes being sold together under separate TMS numbers. They physically makeup 1 building. People combi...
Ramon DeLeon
Real Estate IRA - Asset Protection
My real estate IRA (PENSCO TRUST) owns seven properties between Sacramento & Redding CA. I'm wondering what options I have to minimize the liability of one property from other properties. Can I LLC those propert...
Kay Kim
Can I use my RE ivestment LLC for my realtor business as well?
Hello, BP families,I do have a multi-member LLC for RE investment properties. Now that I am starting a REALTOR business, can I use the LLC for my realtor business?