Mauricio Duarte
QuickBooks for Flippers - Inventory vs COGS
15 August 2024 | 29 replies
Expenses are essentially overstated, even though the P&L is correct (when I download transactions from the bank, it allows me to tell which account on the COA I want the credit to post to, but the Expenses screen doesn't update).Journal entries also don't show up on this screen.
Jaja Banks
New Member. LLC Multiple Homes out of state
10 August 2024 | 3 replies
My parents are essentially giving me 3 homes to tackle myself.
Blake Yarbrough
Down Payment Investing Partner
12 August 2024 | 26 replies
@Hai Loci'm contemplating something similar; i can get 80% LTV. i bring in a cash partner for the downpayment on an investment property we turn into a vacation rental.let's say the pp is 100k.1. partner puts in 20k (and has this as lien on mortgage)2. i manage the vacation rental over the summer.3. we split cash flow (with property management fee considered).4. then we split equity .is this essentially what you're outlining above?
Jeremy Sanders
Partnership Financing Question
12 August 2024 | 12 replies
So essential he just made a 10% return on his 100k for example if he let me borrow 100k.
Wayne Toh
Buy a primary here(turn into rental) or rental property farther away
10 August 2024 | 13 replies
If so, what are some good appreciating markets with good economic growth and safety?
Josh Miller
STAY AWAY FROM NREIG (National Real Estate Insurance Group)
14 August 2024 | 51 replies
PM me pls Its hard to say - a broad range of things but essentially not disclosure issues and wanting things fixed that they didnt ask for after their first inspection.
Alex Waite
When is living with parents too much?
12 August 2024 | 20 replies
For example, it's not uncommon to see a whole Asian family live together for a long time and essentially using group economics to start up family run businesses.
Femi Ibrahim
How New Western Acquisitions Made Me Lose my Life Savings ($70k)
13 August 2024 | 97 replies
This led me to think they have unethical practices and they essentially robbed the previous owners of their home.
Indi Adon
Is Real Estate Agent Needed?
11 August 2024 | 16 replies
Engaging in a variable rate commission and not disclosing it (essentially making the playing field even so everyone knows the rules) is a violation of the NAR code of ethics, and in many states, a violation of the law.
Tyler Segebarth
Property Manager Acting Without Contract
11 August 2024 | 4 replies
In May of this year, I reached out to a property management company I had worked with in the past to inform them that I had a property becoming available and to request a Lease Option Only service (essentially where they find a tenant and I self-manage from there).