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Rebuilding our business after the crash we decided to do much of the work ourselves to keep costs down. I have experience in office administration of both real estate and construction offices, John does project manage...
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Right now I have 5 different checking accounts for 5 different rental properties to keep everything separate. Is this common practice? Seems like when I am at 20 houses, having 20 checking accounts/20 debit cards/ ...
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Hello, I'm Paula and I've been interested in real estate for quite some time now and I'm ready to make that next step.Throughout my research, I did not come across any information suggesting whether or not a real esta...
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I currently own two single family homes which I rent out. They are both in my personal name. My "real" job involves a high chance of litigation sometime in my career and I want to shield my rental properties from th...
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Investor stories from the trenches.
Hello all! I am just starting to build a plan to start a REI business for myself.
My plan is to have REI be my main source of income in 3 years.
I have be readi...
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I have a few rental properties that I invested in prior to getting married. My fiance and soon to be wife has an LLC for her investment properties. If she is to manage them, and I pay her, can that income be deducte...
I am in middle of closing on an apartment complex deal in Florida. I live in CA. From all my research and expert advice, forming an LLC in California appears to be the best option.My question really is what needs to...
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I currently have 3 properties ( 6 doors). I currently keep all the money in and out in one bank account. I do not have an LLC.
I am going to continue to acquire properties and and wonder where to start. Should i cre...
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Hi,
I am looking to start investing in rental real estate properties in Texas with one other partner. We both live in California. Right now we are trying to figure out how to set up a business structure that will lim...
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Evening BP,I will be interviewing a number of property management companies over the next few days. I was hoping to gather thoughts / questions / things to be aware of, from my fellow investors that have gone through...