
7 August 2018 | 5 replies
The easiest options i have used are:- go to a bank, put down 20% on a 30/30 loan and transfer it to a single user LLC, make sure they are cool with that transfer prior to purchasing.

6 August 2018 | 3 replies
They will need a decent headset plus reliable and fast Internet access.

12 August 2018 | 26 replies
As always, don't trust the internet, seek professional advice.
17 August 2018 | 3 replies
Under Tools, go to the FilePlace section to find spreadsheets that other users have generously uploaded.

12 August 2018 | 21 replies
Also....you absolutely can screen the tenants....you are not "forced" to take anyone.To help mitigate the risk of having potential tenants that are "a little rough around the edges I make sure of the following.No Smokers, Period....not even vapers or cigarsNo Drug Users PeriodNO Previous Evictions from within the last 10 yearsNo felonies No pets, period.I have Section 8 tenants in Cuyahoga County (Cleveland), Alameda County (Oakland, CA) and Contra Costa County (Concord, CA).....and it works.

6 August 2018 | 12 replies
Well here are few that I can think of:- You are an Accountant - who views the reports once a year to do taxes (That is it)- You are a Bookkeeper - you want to do the data entry because it does not make you money- You are a DIY QuickBooks user - who will surf the internet and YouTube for answers and not have the full process, procedure, and solution- You are a CFO - review your financials every day or week, depending on your business goalsNow let's get into the nitty-gritty:- You as a business owner should look at your reports by each property and unit- You should compare your Profit and Loss by:----- Month----- Quarter----- Year----- Previous Year Comparison----- By % of your Income ----- and the list goes onNow about your Equity - view your Balance Sheet and see the difference from previous year how much money you paid and received by improvements and loan, the personal money you invested and more...If you are looking at keeping the books for tax purposes and IRS, as well as use paper and pencil.

4 August 2018 | 1 reply
This might be me overthinking and not knowing but I do not have a mentor just the books I read and the information on the internet.

5 August 2018 | 7 replies
Other things you need to factor in: utilities like satellite TV/internet (which, since the house probably doesn't have access to cable, internet can be An Issue), and will the HOAs allow short-term rentals?

8 August 2018 | 79 replies
Landlords who do not follow the law can be hit with fines and/or jail time.As always, don't trust the internet, seek professional advice.

14 August 2018 | 10 replies
Look for infrastructure and transportation investments, arts/culture and internet access