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I have been reading a lot about LLCs and am having a lawyer set one up for me as we speak but there are gaps in my knowledge of the steps to take next. I am investing out of state in pennsylvania. I think this is th...
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I am looking for an online-only business banking solution that offers:
1. High Transaction Limits: Real estate transactions often involve large sums of money. Investors might require a business banking account with h...
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Hopefully not too off topic? I'll try to avoid asking "where does a multi-family investor buy a set of toe nail clippers?"But... I need a new bank where I can open up a pile of business cehcking accounts to operate Ci...
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I just acquired a 4-plex today. I currently have 18 units, and will have another 4 here within the month. As crazy as it might seem to many, I self manage from out of state. I have a reliable maintenance team and l...
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I recently leased a residential property that is titled in a trust. I was delayed in getting a checking / operating account set up as I needed to consult with my lawyer on the proper name that should be on the accou...
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Looking to open a business checking account in Southern California (Orange County, CA). We have our LLC set up and close on our first rental property tomorrow.Looking to establish a relationship with a smaller bank t...
does anyone have any special way to qualify a cash tenant in a low income area? I have my techniques but would curious to know everyone else's. Please share
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I own one duplex and am about to purchase another. I have umbrella coverage but no LLC. I have always kept separate bank accounts (checking & savings) for my duplex. I'm about to buy my second duplex and am curiou...
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Hi all, I'm curious how others have structured their businesses and investment properties. Scenario: My business partner and I have acquired 3 SFR and plan to acquire at least a handful more in the next few months. We...
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Hi everyone one, I'm looking for some advice. I want to keep all my finances separate for tax purposes. I put this property into a trust. I was able to get a homestead on this property because a family member lives on...