Hello- I have created 2 LLCs for my 2 rentals that mean I have to have 2 different bank accounts? or I can have just one bank account that can hold all the LLCs. Any suggestions?  

I filed a claim with my insurance company for wind damage to the siding on one of my properties.  At the last minute, I called a contractor to meet the adjustor at the property so they could inspect it together.  The ...

I am finally getting over my analysis paralysis and ready to start my journey. Ultimately, my goal is to build up a portfolio of buy and holds to generate enough cash flow to live on but as long as I’m working, I don...

Just curious why banks can take so long to make a decision on a short sale? What are they waiting for? We have a property under contract that is a short sale. We made the offer on 11/10 and the seller accepted it. It'...

I’m facing my first eviction for non payment as a landlord. Do tenants almost always trash the property if they’re being evicted? What have your experiences been like?The property is in a B+ neighborhood in NC. The...

Hi all, I want to start a thread about the pros and cons of listing STRs with a personal individual hosting account vs as a 'brand' or 'business' account. I currently own and self-manage two STRs in Maine and should b...

i don't see anywhere in the IRS code that states that the QI needs to be anyone in particular.  It just can NOT be a relative,  or your accountant, realtor, etc.I was just quoted a $1200 price for a 1031 exchange prof...

I had a tenant here in Colorado.  I knew he fell on hard times and filed bankrupcy but did not include rent in that filing.  He said he wanted to stay until lease was up (August) but I felt he was not being straight w...

hi guys,i have my first rental property listed for rent and trying to get all my ducks in a row before i get some 1 in there . what do i need to transfer a property  to a LLC ? is the deed and a payoff paper from the ...

I think the collecting of rent manually is becoming more of a headache than it's worth. Tenants want to pay on different days, partial payments, etc. So I want to start using rent redi to collect rent to make it easie...