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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?
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I'm involved in my first flip --I purchased it on May 4th and finished re-habbing a couple of weeks ago. Having received a pre-approved offer at nearly list price (FHA), I was informed by the buyer's realtor that the ...
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We have a tenant in one of our SFH, moved in last December, and has paid late EVERY SINGLE TIME (with the exception of the first month.) He pays the $50 late fee without complaint. He asked to move his pay date from...
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I would like to renew my current tenant's lease, but after doing a yearly inspection there were a few things that I was not happy about. (This is the first time I am a landlord and it was not by choice, so I apologize...
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Hello BiggerPockets - I could use some advice. I own several rental properties in Grand Rapids, Michigan, and I am trying to decide whether I should pay for water and sewer service or whether the cost should be passe...
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Hey everyone!
I was hoping to share some exciting news about our new rental home, but that’ll have to wait. I have a quick question for you all: Should you disclose a locked thermostat to guests? If you’re curious ab...
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Hello and thank you in advance for your ideas/guidance and help. It is honestly much appreciated!!I purchased my first rental property 11 years ago with zero knowledge of what I was doing and today things are only wor...
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I joined the full-time workforce in January and I have begun to contribute to my company's Roth 401k, in large part because I am enticed by the concept of tax-free earnings and a corporate match (a standard 60% of the...
I finally have an issue......So tenant X in my duplex notifies me today that he needs to move out of state to follow his company that is relocating; his lease is through April 2017. X has paid rent consistently since ...
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I'll start out by saying I've read some posts and talked with people which most say to focus on getting deals before an LLC, but of course I feel I am a little different situation so I'm asking for everyone's opinion....