Kyle Carter
Selling a property
4 January 2025 | 2 replies
Real estate is not the stock market and it's called buy & hold and not buy & sell for a reason.I did sell a few properties about 10 years ago when I learned the hard way that going into cheaper neighborhoods was not the right strategy for me, so that was basically a strategy correction and it was necessary, but also costly both in terms of dollars and time.
Michael Rodriguez
Theft Proof Copper Pipe ideas?
6 January 2025 | 7 replies
Now that you have the correct terminology, you can search for lots of potential solutions.
David R Pustelnik
Looking to maximize my potential with rental properties
16 January 2025 | 7 replies
And this is why I'm trying to take the necessary steps to correct this poor behavior and joining this platform to get some input/knowledge/guidance/advice.
Daniel Chen
Section 179 Question for rental business
4 January 2025 | 11 replies
This is an old thread that was revived with the recent reply, and re-reading it now, I want to correct a couple things.
Jennie Berger
Transactional Funding: ins and outs, ups and downs, seeking advice & insight!
8 January 2025 | 13 replies
Only the first can be corrected, but us making a mistake and getting anything less than 5 star review is stricly unacceptable in my eyes and my team also has a strong sense of ownership in their position and loyalty to my company.
Garrett Brown
A very simple way to increase your ROI inside your STR
9 January 2025 | 35 replies
These up sales have nothing to do with the booking platform Correct?
Jonathan S.
Passive Real Estate Investing
15 January 2025 | 10 replies
I want to ensure that the structure of these investments I am working on correctly address key issues for investors.
Ryan Vienneau
Buildium users - how do you handle credit card tracking???
14 January 2025 | 8 replies
Buildim has a general ledger so you can record credit card transactions the same as in any other bookkeeping software 1- add to chart of accounts a current liability called for example capital one credit card2- when you want to record a credit card transaction go to general ledger create a journal entry, for example if you swiped your card for a maintenance expense in the amount of 1,000 youshould debit maintenance 1,000 and credit your liability account called capital one credit card for 1,000so your liability account balnce is always the same amount as your credit card balance 3- if you pay intrest on your credit card add to charts of accounts an expense account called capital one intrest fees and when you got charged intrest create a journal entry debiting capital one intrest expense account and crediting your liability account 4- to record a payment to your credit card you can record a check from your bank account payable to capital one you should add them as a vendor or you can do a journal entry It simple for anyone with a little bookeeping knowledge and btw thats how its also done in quickbooks or anywhere else And thats the correct way doing it although there are a few other workaround ways for exemple creating a contra asset or as paying a vendor So i dont know why you blame buildium it would be the same with any other software
Eric Andersen
Looking for help with Dallas/Fort Worth (DFW) short term rental market
11 January 2025 | 11 replies
STR is a slowly dying model that exploded in the last 10 years and correcting big time.
Joshua Parsons
Really long distance investing (International)
19 January 2025 | 46 replies
What you wrote is actually kinda correct and I quote: "I would say it is actually quite similar to Southern Spain in many ways.