William Taylor
[Calc Review] Help me analyze this duplex in Michigan - are these numbers correct?
12 January 2025 | 12 replies
A $240k loan amount on a $249k purchase price seems crazy and I'd never expect to produce any net positive cash flow doing this.How are you calculating your property taxes?
Kyle Carter
Impact on Credit Score
3 January 2025 | 2 replies
Because, the lender is entitled to know what risk they are taking with their money.That being said, on seller financing, if someone gets sued and loses, the lien/judgement can be filed at the county, (it's not automatic, someone has to prepare and send the paperwork) which the bureaus will pick it up on producing a credit report.
Rose White
Tenant Background Check
15 January 2025 | 6 replies
Not likely to produce the result you think you'll get.
Thomas Farrell
BRRRR with ~400k Capital
11 January 2025 | 15 replies
@Thomas Farrellmiscellaneous reactions-BRRRRs won't produce cash flow - they're an equity strategy, not a cash flow strategy-OOS BRRRR on your first deal will be incredibly difficult.
Tyler Davis
QuickBooks Plan for Managing Rental Properties
7 January 2025 | 3 replies
If you only have one LLC and don’t need entity tracking, you could get a lower subscription and categorize your properties as ‘customers’, then units and tenants would be sub-customers.Simple Start would allow you to invoice your tenants (if desired through QBO) and produce basic reports.
Andreas Mathews
How Can I Gain Property Management Experience
10 January 2025 | 4 replies
See what qualifications people are looking for and do what you have to in the meantime to produce income while you're studying.
Ernest Ho
Emotional Support Animal / Service Animal
16 January 2025 | 16 replies
A quick web search shows it can cost upwards of $25,000.I'd say that if the flea-bag isn't a service dog now, it probably never will be.
Haley White
Start up event venue
8 January 2025 | 6 replies
A friend of mine and her husband are working on a deal to combine an event venue and it will double as a film studio because they help produce a lot of films in Georgia.
Tod DuBois
Many leads but not bookings on Furnished Finder - to to resolve
14 January 2025 | 19 replies
I did buy a website which was expensive and produced nothing, still trying to decide what to do with that sunk cost.
Jake Bute
How to track time in business to accommodate 500+ hours?
9 January 2025 | 7 replies
Those that use it seem to like it and - as a CPA - I like the reports it produces.