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15 November 2024 | 7 replies
We use accounting software that codes the income and expenses to the property (called a class) so we can run P&L;s on each property with ease.Your accountant and bookkeeper will also thank you later for keeping it simple and avoid significant accounting costs.
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26 November 2024 | 46 replies
They don't build a proper reserve, failing to account for turnover costs, vacancies, capex, etc.
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21 November 2024 | 2 replies
Don't hire people to run your account to reach more people, just show up for 30 minutes a day and make good comments and good connections without asking for anything.
22 November 2024 | 5 replies
Account ClosedI must say your post is confusingyou are entering in the DFW market but you want to find wholesalers in Indy?
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15 November 2024 | 13 replies
Just make sure your PM has excellent accounting practices in place as trust accounting can get out of control fast.
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21 November 2024 | 1 reply
Series LLC’s are easy as many accounts as you need!
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21 November 2024 | 4 replies
Assuming you no longer work at the company sponsoring your 401(k) you could look to move it into a self-directed account.
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14 November 2024 | 21 replies
(although, with the new smart phone technology, they do require gmail accounts, as such, sending from that account from your phone is fine, but you should be sending to people who already know you have a real email account.
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23 November 2024 | 4 replies
Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.
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20 November 2024 | 13 replies
Hey @Ana Mills, I also agree with separate accounts for each STR you have.