Soh Tanaka
How to receive rent in QuickBooks
3 April 2020 | 13 replies
The only way you can get an accurate report by class if when you book everything using a journal entry which is not advisable either.
John Wijtenburg
Quickbooks for Syndication
22 October 2019 | 6 replies
@John WijtenburgAccounting for syndication's/partnerships can be very complex.Chart of Accounts - Set it up properly in the startAsset section - Will you be accounting for assets at cost or fair-market value.If fair market value, you may want to remind yourself to create adjusting journal entries on a quarterly or annual basis(depending on how frequently you issue reports to investors).Equity section - Will you decide to track all investor's capital accounts in Quickbooks?
James LePage
Build To Rent Insight
5 May 2021 | 17 replies
Learned about this in the Wall Street Journal article today "Build-to-Rent Home Construction Booms".
Paul S.
Where do I start from ZERO?
19 September 2023 | 32 replies
Take consistent action and track your progress - i.e. journaling, accountability partners, CRM (or other software to track activity), coaches, mentors, etc.Book suggestions:Related to your finances and concerns: Rich Dad Poor Dad by Robert Kiyosaki; Any Economics books by Milton Friedman, Thomas Sowell and/or Adam SmithRelated to business: The E-myth by Michael Gerber; The One Thing by Gary Keller; jab, jab, jab, right hookRelated to establishing and maintaining habits necessary on any entrepreneurial journey: Atomic Habits; The 7 habits of highly effective people; The slight edge; Related to RE investing: Any book in the BP Bookstore!
Eric Chase
Thoughts on Indianapolis vs St Louis vs Birmingham vs OKC markets
7 March 2019 | 21 replies
Born and raised in Indy..........in Indy you can live pretty decent on a decent salary. the inner city is going through changes......properties that were once ran down are made into 300k properties, easily...... check out the Indianapolis Business Journal for more info.
Alex Geesey
Stessa vs. QuickBooks vs. Other???
29 March 2021 | 15 replies
@Alex Geesey Stessa is good for what simple stuff, but I can't see edit chart of accounts or do journal entries.I am not familar with Rentastic.
Maria A A.
which is better for investing huntsville or montgomery AL
12 January 2020 | 31 replies
I read the Birmingham Business Journal online, I read articles all the time on developments in Huntsville.
Matthew Cope
Insurance Rate Increase by 20%
16 October 2023 | 15 replies
I recently read a local business journal article that predicted insurance was going to go up by approximately 20%.
Brandon Coleman
I’m 22 years old with around $40,000 to invest.
24 May 2020 | 76 replies
Be careful telling the world how much you have. be careful of folks here offering you great dealsLook at 50 houses, keep a journal of all the details, listen carefully to the sellers, and agents. look at those house again in 6 months. ask questions; .mortgage balance,.how much you need above your mortgage,.know the potential equity in the deal, negotiate for equity (no equity, no deal!)
Kitty Jedra
New Member Jersey City, New Jersey
20 February 2019 | 5 replies
Jersey City, NJ, and I am looking for good investment properties in that area, as well as the Journal Square and McGinley Square areas.