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19 February 2025 | 57 replies
That is if purchasing EXISTING performing investment real estate AND have very good clarity of every facet of the transaction ESPECIALLY reasoning for seller selling, AND you have decent market intelligence.
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30 January 2025 | 0 replies
A common pitfall is treating each deal as a standalone transaction instead of connecting acquisitions, financing, and project management as part of one cohesive process.
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16 February 2025 | 27 replies
For example, use $20k from one card and $5k from another so you don't have to do multiple wires for one transaction.
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7 February 2025 | 7 replies
I understand that the interest on this HELOC should be tax-deductible, and I have documentation to support the transaction.
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27 January 2025 | 17 replies
You likely only need to do the past 3 years worth for IRS purposes.You may want to see if there is a way to export transactions from QBO to excel and then import transactions from excel to Rentastic.- Unfamiliarity of software with my Bookkeeping and Accounting team.Altough not ideal, you may want to pay and do bookkeeping on both platforms for 3 months to see if you 100% want to make the switch.I still use Quickbooks, but the desktop version, it runs perfectly for all my bookkeeping needs.
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21 January 2025 | 40 replies
Good transaction accounting.
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24 January 2025 | 2 replies
In Texas, as a licensed agent, you’re generally required to use TREC-approved forms for real estate transactions unless an exception applies, like (I believe) leases longer than 1 year or where no TREC form exists.
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27 January 2025 | 7 replies
However, you have to be extremely careful financing 100% of the transaction as you still need reserves, closing costs, etc. and make sure it cash flows.You didn't mention if this would be a rental or owner occupied.
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10 February 2025 | 31 replies
Looking for downsides from people that have used it The software that I used, perhaps more advanced three years after your AI development, because we can see the actual Investor Intellegence including more private transaction data and photo.
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25 January 2025 | 4 replies
All the add-ons are a la carte so you can definitely get a lot of value based on what you need.One thing I personally don't like is that when tenants pay rent, they are charged $1 per transaction for ACH use.