We network with other fix & flippers teaching them how to properly structure a seller financed note so that it has value on the secondary market, we then buy a partial from them to take out most, if not all, of their cost basis so they can recapitalize and go do another deal. 

That cost me about $1,000 each time. 

A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your accountant remotely to expand your options.I would also recommend looking for an accountant willing to work with you throughout the year.

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

There are some players that operate thousands of SF homes.

During this renovation period would you, as the lender, want an Actual Cash Value or Full Repair Cost policy in place?

Hi. I inherited a partnership in a 22 unit commercial building with 8 restaurants, a grocery store, a couple of personal care services, and various other businesses. Rent is around $130k  per month. I was surpriesed t...

Your explanation of really making a million dollars a year even though your taxes only show a hundred thousand will only make you look shady.

What was the of the $8,000 annual bookkeeping costs between the software and the cost of the bookkeeper?

I manage hundreds of rentals and have had thousands of tenants, but I've never been sued once.