Read the Wall Street Journal everyday (the online version is great) and learn about investments of all kinds.

The Wall Street Journal publishes a guide to real estate investing that, while dated now, is a good starting place.

Simply writing down where all of his money is going can help him-keep a spending journal of all the expenses including the little things like coffee, lunch, etc.Can he also find a second job to help pay it down sooner? 

I'd also recommend checking out the BP Bookstore for David Greene's book.As far as what to expect from the day to day, here is a general schedule I'd recommend to any new full-time agent:5:30-8:30am - morning routine: Silent time (prayer, affirmations, mindfulness exercises, meditation, etc) ; exercise ; journaling ; breakfast ; shower 8:30am-9am - script/role play : find other agents to practice call scripts and presentations with...

.-  When I sell a property, I create a Journal Entry that records Debits of the various selling costs (which again, are already categorized as COGS), record a Credit of the sales price to an income account and records a Debit of the check/wire from the title company to a Cash account (though this could certainly go to a holding account if that's how you prefer to handle it and then move it to a Cash account later).- Here is what a selling Journal Entry looks like for me:Journal Entry for Flip Sale- If you have a mortgage payoff or other costs, you can obviously record those as debits/credits in the Journal Entry as well.- Once this Journal Entry is done, the project is complete in QB.  

I'm having trouble visualizing the journal entry for this transaction. 

However, once I make the journal entry to convert those WIP assets to COGS, I can no longer see how much was spent in each of these categories for deals that have been sold - we like to look back and see how we did on certain deals.

I would need a bookkeeper do approximately 2 hours worth of Journal entries for some imporovements and need them done according to the instructions from your C.P.A

I have actually just started using the “90 days of Intention Journal” and have been enjoying how it lays out goals for me in bite size portions.

Hello,I'm hoping a CPA/Accountant might be able to point me to the right direction on this issue related to journal entries.