All Forum Posts by: Tyrus Hampton

@Scott M.

Thanks Scott ! 👍🏽

hey, what's the best setup for bank accounts for rentals? I do know some people suggest having multi checking accounts for long rental properties. What do you all suggest is the easiest and more effective setup?

@Mike Hern

Hey mike, I have an additional question. Why wouldn’t someone invest in a landlord friendly state?

Hey everyone,

I wanted to hear from you all on what help you best when it comes down to bookkeeping. What software would you guys recommend to make it easier for keeping track of transactions, tax documents, etc.

Thanks, I’ll love to hear you all thoughts, and suggestions! 🙌🏽

Hey, I want to know what are ways to avoid legal battles. what do you all suggest?

Once I have the property under an LLC and have it completely separated from my personal finances, I want to know what you all suggest, as a newbie.

Hey,

I wanted to know how can I use other people’s money to obtain a property? Is there a way that I do not have to come up with 20% down of my own money?

Thanks for you all help.

Hey everyone, I'm a college student trying to beat the rat race early on. I have a question about mobile homes, single family & multi family properties. I'm currently in the process of setting up an LLC to buy my first property. My plan is to get the best ROI. From what I've interpreted so far on multi family properties is that I can not buy the Multi Family under my LLC. As far as single family homes , It may not bring in as much cash as I expect. In addition, mobile home properties seem as if it cash flow pretty good. Would you guy say it's the best option?

If you agree or disagree can you explain why , & possibly share some knowledge?

Thanks 👍