Jovann Thompson
Is long distance investing difficult?
21 March 2022 | 98 replies
You'll learn timeframes, and costs for specific items, you will learn how to deal with tenants, bookkeeping, etc.
Edgar Perez
Can I have my own LLC manage property owned in my personal name?
15 August 2020 | 41 replies
I like LLCs better for my passive commercial holds only, personally.My reasons for having the mgt corp were for anonymity (it has a very generic name) to pay rents to, credibility (new applicants are more ok giving my corp holding monies), having a 'bad guy' I have to check with for tenant requests, ease of p&l/bookkeeping, 1 place to receive all 1099s for HUD and agency pays, one mileage platform to record on (not every property), retirement account options, a way to obtain health insurance if needed, etc.
Sam Kwak
What the Gurus aren't telling you about Cashflow....
23 November 2018 | 21 replies
Office Supplies (e.g. stamps, envelopes)SoftwareGas/MileageAdvertising + Payroll12) Lawyer/Law office/Legal fees13) Accounting/Bookkeeping/CPA/Tax preparer/Tax advisor
Alicia Marks
QOTW: Do you have a BHAG (Big, Hairy, Audacious Goal)?
3 November 2022 | 68 replies
I knew that if I could live off side hustle bookkeeping income, have a $0/month rent payment, and save an entire year of public accounting salary that I would be set to start my own businesses and invest in more real estate.
Michael Burks
Mentoring Cost $20,000
14 January 2021 | 118 replies
You hold your lawyer, accountant/bookkeeper, banker, grocer, etc. accountable, as do I.
Account Closed
Business Plan ETC.
17 November 2014 | 2 replies
Get some bookkeeping software like Quickbooks or the equivalent and start using it.