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9 January 2020 | 2 replies
Are you looking or someone for bookkeeping or tax or both?
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10 January 2020 | 1 reply
What are your thoughts about putting your real estate experience on your resume (Renovating properties, managing tenants, good book keeping abilities, etc).
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10 January 2020 | 2 replies
Sounds like your accountant is more of a generalist/bookkeeper.
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4 September 2014 | 3 replies
I'm looking for 'bookkeeping' help.
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6 September 2014 | 12 replies
@Jeremy Hale your missing a few things we build for 200k and sell for 400k but we pay 80k for the lot we have cost of capital ( in my case 6% because I borrow from a local community bank) you have sales commission of 24k you have tax's insurance.. my builders risk insurance my comp insurance that runs 2 to 3k per house when your in new construction I have one full time bookkeeper that makes his monthly salary etc et.
1 September 2014 | 16 replies
I found a manager who has been in the biz for years, owns several similar properties, has managed a lot of turnarounds, and has very clear bookkeeping and organizational transparency.
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14 September 2014 | 11 replies
Some investors might balk at the percentage but when you factor these are low income areas and the rents are low the PM isn't making much for all the drama.If you were a PM and could manage an asset in an upscale area instead for say 8% of 2,000 rent that is 160 a month.13% of 600 rent is 78.00 a month and you are dealing with double bookkeeping, high frequency of damage and evictions, multiple trips and constant monitoring of the asset to keep it performing etc.So it's easy to see why many PM companies will not even consider these places.
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17 September 2014 | 4 replies
I just started doing Quickbooks effective 2014 and got some help from a bookkeeper to do the journal entries from the HUD1's to add the rental house assets I purchased this year.
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21 September 2014 | 5 replies
That being said, I spend on average about 8-12 hours per month on all 5 properties (site visits, coordinating repairs, bookkeeping, etc.).