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Results (10,000+)
Andrew Postell How To: Cash out 1-4 unit Property
20 August 2024 | 452 replies
I've saved it on every phone and computer platform I have.
Elizabeth Aguilera Burned by property manager, seeking a new one and advice!
15 August 2024 | 10 replies
I suggest you do this regardless of whether the PM is licensed or not.Pro Tip: Even in states where licenses are not required for a PM, it's always a good idea to hire one who has voluntarily obtained one.
Carlos Olarte Introduction about me
16 August 2024 | 2 replies
Some tips:1.
Phil Avery Empowering Young Investors: Guiding My Teen into Real Estate
15 August 2024 | 2 replies
That’s why I’m considering creating a free website packed with resources, tips, and lessons specifically broken down for kids and teens.
Guy Keren New investor in the Indianapolis area
15 August 2024 | 5 replies
biggest tip.....Always get a sewer scope!
Bubba McCants Tips and Strategies for Navigating the Buying and Selling Process in Today’s Market
12 August 2024 | 0 replies
Any tips for negotiating better terms with sellers?
Jaylin Logan 23 years old with cash available but no direction
15 August 2024 | 7 replies
If possible, please reach out with any advice, tips or direction.
Jan Neruh Kelsey Recommendations on organizational tools/spreadsheets for rehabs/flips
16 August 2024 | 10 replies
Don't be alarmed by the old schoo, suspicious-looking site, it's completely legit and full of amazing tips on getting started with flipping.
Daniel M. Help Setting Up QuickBooks for Real Estate
15 August 2024 | 13 replies
Any additional tips or corrections would be greatly appreciated.Example:If the PM sends an owner statement showing:Gross Rent Collected: $3,000Property Management Fee: $300Miscellaneous Expenses: $200Net Rent (Amount Deposited): $2,500In QBO, I would:Record an income entry of $2,500 for net rent.Separately, record any additional expenses paid directly, such as:Mortgage: $1,200Insurance: $100Property Taxes: $150Summary:Property Accounting: Handled by the PM company and detailed in the monthly owner statements.Corporate Accounting: Recorded in QBO, focusing on net rent income (after PM deductions) and any additional expenses incurred.Please let me know if this approach is correct and if you have any suggestions or adjustments to ensure compliance and accuracy in my accounting processes.Thanks for your guidance!
Cameron Moran Eager to learn New Member from Toledo Ohio
15 August 2024 | 8 replies
Keep things tidy, keep track of your work, and ask for tips from guides and other people in the field.