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All Forum Posts by: Jessica Jennings

Jessica Jennings has started 3 posts and replied 6 times.

@Mike D'Arrigo is that Kansas City KS or MO in the chart?

Post: First property accounting

Jessica JenningsPosted
  • Posts 6
  • Votes 4

Thank you for the advice everyone!

Post: First property accounting

Jessica JenningsPosted
  • Posts 6
  • Votes 4

Hello!

We are just about to close on our first property, very excited! I have a basic accounting question. How to you guys handle property finances? This property is a duplex purchased with a conventional bank loan. We do not have it under an LLC. Is it recommended to open a checking account for each property to keep property accounting separate from personal expenses and (soon) other property expenses?

Thanks!

Jessica

@Ritch Bonisa, I'm also interested in learning more about Indianapolis for cash-flow rentals similar to @Scott Passman. Can I connect with you as well?

Post: Newbie from Berkeley CA

Jessica JenningsPosted
  • Posts 6
  • Votes 4

Hello! 

My name is Jessica Jennings, and I'm just starting out in real estate investing. I'm a veterinarian from Berkeley California, and my husband is a research scientist. We are looking for a way to build passive income, inspired by my cousin who has been sucessfully investing in rental properties for years. We're thinking about starting out with a few single family homes for cashflow in the Sacramento region. I'm looking forward to connecting to others and starting this new project!

Hello,

I am a new investor looking to get two cash flow properties in Sacramento within the next few months. I'm interested in any Property Manager recommendations the fourm may have. 

Thanks!

Jessica