Daniel Johnson
How to keep track of finances on multiple flips?
4 December 2016 | 47 replies
I spend an average of about 15 minutes per day doing entry and reconciliation.For example, in addition to all the entries from my flipping business, I have 500+ transactions per month of book sales (I fulfill about half of my book sales myself, and each is a COGS entry); I have all the journal entries for my all my rental property income/expenses; I have a product business where we have hundreds of entries per month of sales, and because we build/assemble/package our own products, we have many hundreds of assembly/inventory entries each month (I use QB to keep track of inventory); and then I have hundreds of personal transaction entries per month for all my bills and credit card purchases.And this is across 5 different Quickbooks (and 1 Quicken) account, and 11 different bank accounts.
David Dachtera
Fully Developed Lots, Build New Homes?
7 September 2016 | 12 replies
I have contacts in my investing group who are connected to manufacturers of modular homes - not "manufactured" (trailers), modular: homes are stick-built in pieces in a factory, the pieces are shipped to the home site on flat bed trucks and assembled onto the foundation.
Lisa Rispoli
Financing a Multi-Unit with Student Loan Debt
2 September 2017 | 35 replies
My hurdle in assembling a team is finding a lender who is willing to be creative, and understand our PSLF payments to see WHY we can invest now.
Frank Ochmann
Best use of 20k$ in financing
7 September 2017 | 3 replies
New investors sometimes spend a lot of time trying to learn how to set up their business, assemble their team, set up their systems... all of which are great and necessary eventually, and they make you feel busy, but none of them actually make you money.
Nathaniel Birdsong
Wanting to start investing in North Carolina.
17 September 2017 | 7 replies
I'd suggest talking to loan officers at the smaller local banks in the Triad - they will have more flexibility in their underwriting criteria than the big banks, might be willing to spend more time with you assembling a good loan if he or she feels a relationship can develop, and will be more in touch with the local marketplace.
Gina C.
Yet Another Newbie Intro :)
11 October 2017 | 10 replies
Also, I'm currently looking to assemble a team (attorney, CPA, escrow agent, etc) so if anyone has recommendations for those they're also welcome
Jeff Rice
Introduction to BP Nation
3 November 2018 | 3 replies
My goals for this post are to:- Introduce myself- Connect with others operating in beautiful Northwest Arkansas- Begin assembling my network of service providers- Accelerate my learning curve If you fall into any of these areas, please connect with me.Respectfully,Jeff Rice
Frank S.
DIY Must Have - DEWALT 10-Tool 20 volt
28 December 2018 | 10 replies
Those are great to assemble IKEA cabinets and shelves.
Matthew R.
Beginner, Experimentation, and Future Reviews! + Adwords Nerds
5 November 2021 | 14 replies
When entirely assembled, the question that I have not yet heard a valid answer for, looks like this...
Matthew McNeil
Are you willing to invest in RE appreciation with 2 caveats?
17 November 2018 | 55 replies
They were meaningful to me as objects - I spent a lot of my young boy days assembling the collection of Mantles, Mays, Clementes, and the like - and they've experienced massive appreciation, which is nice.