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4 December 2018 | 81 replies
They can also aid with bookkeeping and getting batch discounts from vendors.The only other item I think it might be worth considering is if you can dip into small apartment buildings (5 or 6 plexes) from the get go.
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12 September 2018 | 12 replies
I have no affiliation, but there is a wealth of REI resources on there, including a free bookkeeping spreadsheet you can download.
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18 December 2015 | 15 replies
On multifamily it depends on if you are talking about a 10 unit property or a 100.A 100 unit will usually have a full time bookkeeper, tax accountant, and PM company with professional computer generated reports.A 10 unit many times has an owner that self manages, keeps only basic records to keep a property going, doesn't have reports in the right format, etc.
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12 January 2010 | 26 replies
I do the bookkeeping for all of them.I wanted to buy one more last year, but my mother did not want to incur any debt, so we only bought 1 last year.
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18 March 2022 | 9 replies
They get a great return and I'm happy to make $13k a year for putting the deal together and doing monthly bookkeeping and oversight.
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28 May 2018 | 6 replies
I know they aren't giving me accurate repair expenses and I assume it's because they are terrible at bookkeeping.
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23 May 2020 | 20 replies
It really minimize the accounting fees but it increases the bookkeeping fees because of the extra time to account for everything correctly in each LLC.Our series LLC is based out of Delaware.
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20 October 2019 | 13 replies
Not sure anyone will do your bookkeeping for 5-10$ total and have it worth much.
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18 January 2020 | 2 replies
Unless you have a lot of property and assets, this is too much work for the bookkeeping effort.
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19 November 2021 | 6 replies
We launched our own direct booking website, we have two employees, my wife left her full tie job to work for our company and we have a bookkeeper on staff.