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Results (5,508+)
Charles D. How do people flip house to make money with all these costs?
30 April 2020 | 10 replies
I handle the bookkeeping
Edwin G Cruz Jr I AM A ROOKIE FROM WESTCHESTER NEW YORK
3 June 2020 | 17 replies
Start with a foundational BiggerPockets book (keep reading more), listen to the Real Estate Podcast, and read Blog posts.
Derek Andrews Use a PM to find a tenant vs DIY
15 May 2020 | 36 replies
I communicate frequently with their bookkeeper about my payables and balances, they handle all the city inspections and schedule, they handle the day to day maintenance , they handle all the rent collections very well.it's been a year now, since then the freedom has allowed me to double my personal portfolio, and winter in Florida instead of Michigan.
Roy Will QuickBooks Bank Reconcilation Report is helpful for saving Time
2 May 2020 | 1 reply
Just a heads up, this is something a bookkeeper or an accountant would do for bank accounts and credit cards to make sure everything ties out.
Javier Cuevas Santos New kid on the block!
26 May 2020 | 27 replies
Question for you, did you also do the book keeping yourself or did you outsource that task?
Oladele T. How do you handle two flips at the same time?
6 May 2020 | 4 replies
Diligent bookkeeping.
Mary Jay Proper way to do distributions
21 May 2020 | 17 replies
First and foremost I would hire a bookkeeper to do this who knows real estate and talk to your accountantbut typically If you have an LLC management company and theY collect the money, and the properties are owned by the LLC, the tenant would pay the Property management company and the property management company would pay the LLC who owns the property.
Pedro Bartolomei Separate llc for each investment property?
10 May 2020 | 17 replies
More LLC’s are definitely a book keeping nightmare2. $1-1.5M per LLC is what I do as well.
Sally Primus Building our team and skill set
9 May 2020 | 4 replies
I am partly there to keep the cash reserves flowing (maybe serve as hard money lender) and I will do the bookkeeping
Aaron Johnson first year filing taxes as a real estate investor.
13 January 2020 | 10 replies
Bookkeeping is another.