All Forum Posts by: Nadine Lajoie

Hi, do you know a great software, friendly user, easy and ACCURATE for real estate investing.

I don't know if you are like me, but Quickbooks is a real nightmare...  you have to get 3 reports to get something accurate for your investors, give distributions, etc...  at one point I had 11 houses and couldn't get anybody, accountants or bookkeepers, to give me the real numbers.... so I took over few years ago with my excel spreadsheet, directly from bank account, and split between the houses, so I can give my investors a report...

However, for accountants, they don't like that, and want to bring me back to Quickbooks... and NOOOOOO WAYYYYY!!!!  

Talked to few of my friends investors and one of my mentor, and he still uses EXCEL only....

what do you use, any better idea?

thanks

Welcome!  Yes California is expensive but just finished my 2nd flip condo in 5 months and looking for my next deal too... I did a lot  of other Out-of-State deals in IN, IL and GA, site unseen... important is that numbers work, being solid, team, knowledge and always go through any obstacles that you will have., there is always a solution .  Good luck and give me a buzz if you want to discuss.

So is anyone can help or guide me how to transfer the note to my main company or someone else, so I can close the company asap???

Got an offer with contingencies, so we are now accepting back-up offers...  

And searching for my next deal, if you have anything!

Yes but now on MLS, and will have to pay 1% commission on top of that if you don't work as an agent. You can visit this afternoon or tomorrow? I have a airbnb leaving st 11h30 and another one arrives at 9pm tomorrow. So we have that window.

Hi, I have a big dilemma.  Because of double taxation Canada-USA (63-73% in my case) and all international form requirements, since I got married last year, and became a US Citizen for tax purposes ONLY (!!!!!!!!!!!), I have to close as many of my companies as I can right now, before December.   That will also avoid me $3-7k in International Tax Preparation nightmares, per company!!!! 

1st-  One of them is in Georgia, I have a note with a land contract (Midway, 30315), tenant buyer is paying $425 per month at 10%.  Should I sell the Corporation or just the note and close it down?  If I sell the note, do I just transfer the land contract and deed to buyer and can just close the company, and that's it?  I guess the other way would be to quit claim deed the property, deed and note, to my MAIN company that I will keep open, right?  But I'm not sure about all the administration and complexity of that either?  Someone can help?

2nd one is in Florida, empty now, but some people told me I should sell the shell, for people who want to build their credit, since that is open since 2011, US citizens (not me!!!!) could get a corporation loan right off the bat.  Is someone knows about the process???

3rd one is in Quebec, Federal Corporation, opened since 2009 with lots of history and revenues in the past, and will be empty as soon as I sell #1 and #2....  

I need to finish all those 3 transactions by Dec 2016, and don't want to pay another $15-20k in attorneys/accountant fees, so I'm trying to do it myself....  they got $37k last year from me and made 133 + 36 mistakes = 169!!!!  and I'm not exaggerating.... sniffffff!!! :-(

I'm done with them!!!! Transitioning to a new firm, but want to keep it as simple as possible before I move over, so I don't have to pay exorbitant fees, because regular accountants cannot take care of international stuff!  Better to close down the 3 businesses that are the easiest!

Thanks if you can help!

I've got a lot of flippers who called me on this one???  This one is already fixed up nicely, so this is good for a Buy & Hold investor ONLY, who wants cash-flow and equity... 

The Vacation rental is pretty crazy on this one... I have a lot of requests at $92 a day or  $522 a week...  if not, the rentals in the area can get you $1400 or even higher if you resell in lease-option. 

So please let me know if you go visit tomorrow Sunday 1-4pm, tell my agent I sent you, so I have a little more room for negotiation for an investor price... if you are not working with an agent... 

Also text me at 949-421-7562 or write here, so I have the proof for my agent that you are my lead

thanks

Wow!!! NEW PICTURES from the photographer came out awesome!!! 

**** OPEN HOUSE Sunday for interested retail buyers... or investors
PS: discounted price available for cash buyer and quick closing is still possible, different opportunities available if you want passive income! https://www.redfin.com/.../443.../unit-9/home/103550668

Alos, I have few leads for lease-option buyers, but I cannot hold it, because I need to do 8 more flips before Aug 2017... so if you want to become a lender or investor in between me and the buyer, that could be a great turn key investment... cash-flowing already with AirBnB while I'm selling it..

Already rented over 3 weeks this first month at $500 a week or $89 a night. Pretty amazing! :-)

Almost 7% cap rate in Long Beach. Last couple of days at investor price of $207k, putting on MLS this week for retail buyers at $229k. Call us for details at 949-421-7562