
2 September 2024 | 8 replies
@Conrado BalicustoWe utilize RentecDirect.com as a tenant facing portal to collect our rent, deposit it to our bank account, market our properties, screen our tenants, handle our accounting and more.

29 August 2024 | 23 replies
An experienced accountant who specializes in real estate taxation may charge more than an inexperienced/new accountant who is eager to get clients.

2 September 2024 | 13 replies
I am a contractor will be doing that all myself.Yes, I would be the PM but of course you're right I should account for that!

3 September 2024 | 5 replies
When accounting for location, the hosts that have a unique property with great reviews, service and pricing will have much much better occupancy than the hosts that think they can throw some bland furnishings into any old property and be successful.

2 September 2024 | 11 replies
An LLC and IRS Employer Identification Number can be used to open a business bank account.

3 September 2024 | 15 replies
This number accounts for the return if you sell in 5 years and allows me to compare various investment properties against each other on a long time horizon.

2 September 2024 | 18 replies
Set up properly and maintained correctly, they should not allow for liability to pass through to yourself or your other entities, as long as funds are not commingled, seperate accounts are maintained, proper legal forms are filed, and loans are not personally guaranteed or cross collaterized.

2 September 2024 | 8 replies
You also want to know about the HOA in general like the Reserve Account.

3 September 2024 | 17 replies
Once you have a short list, get an account with each one and run them through the wringer to see how they function.

2 September 2024 | 6 replies
You are already on the right path by creating a BiggerPockets account.