Shawn S.
How many bank accounts?
How many bank accounts do you have for your real estate investing? I am trying to decide if it is better to keep each place in a separate account or if that would be unwise?
Thanks,
Shawn
Account Closed
Low cost self-directed IRA (single transaction)
I'm looking to rollover my 401k into a self-directed IRA for the purpose of investing in a note. The holder of the note would use the money to buy real estate but I would only receive one payment annually so there wou...
Jason Turo
Hard money lending - tips, advice, recommendations
Hey community, I am exploring starting a hard money lending business and wanted to start a thread for all advice on the topic (including what not to do or tools not to use). Does your state require licensing? Did yo...
Anders Jax
How are depreciation & taxes factored in to a property's finances
So when I google Real Estate Income Statement, none of them have depreciation or taxes on the them, like a normally company would.So where the heck is this factored in? Is there is a typical LP/GP structure, with an L...
Adam Johnson
Who do you use for collections?
Hi everyone,
We currently have many rentals in the Clarksville, TN. area and for the most part, great tenants. However, over the past 2 years we've had to evict 4 tenants. In all cases, we were awarded judgement by th...
Matthew Jarosz
Family investing structure
I am investing with my 2 brothers and sister. We have put some money together and we are under contract on a single family rental property. Our banker and turnkey company suggested we purchase each property under on...
Alan L.
Newb NY Based Wholesaler / Earnest Money / Title Company / Attorney
Hi BP members,
I have been on BP for a month or so and find it to be a great community! I just upgraded my account yesterday and will probably go Pro in a month or so.
I have a deal that I am very close...
Kyle Gregory
online property manager
alright I am looking to update the way i handle my accounting.. currently i use the old spreadsheet way of keeping track and it is quite taxing so i would like to upgrade, but not at a HUGE price as i am just starting...
Josh Gorokhovsky
First Hire - Who Should It Be and What Should They Do?
Hi BP Familia,
If you're reading this, I hope your families are all healthy and staying sane!
My company is getting to a deal flow point where I can no longer handle running the show myself. We are a fully integrat...
Denise Evans
Alabama Redemption Rights
The Governor of Alabama has before him a bill to shorten the post-foreclosure redemption time period from one year to six months, but only for properties that are (or were, until recently) owner-occupied residential p...