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Results (4,453+)
Joshua Burgeson Advise for Banking / Accounting for STR Management Company
16 July 2024 | 8 replies
Looking for a better solution to simplify expense tracking and work with a better banking product that can handle both my business operating account and the trust accounts so I can streamline better. 
Sendhil Krishnan So You Wanna Start a Residential Assisted Living Care Home (RAL)?
17 July 2024 | 20 replies
And thus, most people never end up starting a care home.Fortunately i'm going to share the number one concept (aka my secret) that I've realized that will really help put things into order and hopefully simplify the process.
Saeed J. Looking for a less volatile market for my first investment property
18 July 2024 | 40 replies
@Saeed J.I'll simplify for you - there is no cash flow anywhere right now if you just buy a random long term rental.  
Jay Hinrichs national rent control
22 July 2024 | 120 replies
Imagine if Congress spent just 2 years where the only thing they were allowed to do is REMOVE laws/regulation, redact, streamline, simplify.... 
Paige Seeley First rental property guidance!
13 July 2024 | 9 replies
If the software is not simplifying your life or making you more accurate, you shouldn't use it.
Matthew Shanks Book or learning resources
12 July 2024 | 9 replies
He simplifies real estate investing.
Garrett Mathis Property Management Software confusion
12 July 2024 | 5 replies
It can simplify managing your 20 units and reduce the need for multiple systems.
Jon L. The biggest lie in real estate investing...?
10 July 2024 | 12 replies
Your idea to utilize AI for simplifying the research and management of deals sounds promising, especially in a dynamic Dubai new developments, where new projects like Dubai Creek Harbour and Palm Jumeirah are constantly emerging and require vigilant monitoring. 
Scott Davis Suggest software/apps (research, off-market leads) for low-volume niche investor
9 July 2024 | 1 reply
I wouldn't likely/necessarily be mailing a lot of letters for example.But mainly, I would pay for a service that offered me the closest thing to an instant/on demand "preliminary title report" , that is something that greatly "simplified" initial research, preliminary only of course- based on apn.
Shane Allman Escrow account for rent Question
8 July 2024 | 2 replies
This separation helps in maintaining clear financial records and simplifies tax reporting and financial management.Setting up an escrow account specifically for rental income within your LLC can offer several benefits:Financial Clarity: It separates rent payments from other operational expenses, making it easier to track income and expenses related to the rental property.Legal and Compliance: Helps in demonstrating that rental income is kept distinct from personal or other business funds, which can be important for legal and tax compliance purposes.Tenant Transparency: It provides transparency to tenants and other stakeholders regarding where rental payments are deposited and how they are managed.While it may not be a legal requirement in all cases, maintaining an escrow account specifically for rental income is a prudent practice that many experienced investors and landlords follow.