Jason Mills
Broker/Agent not passing on rents received
5 December 2024 | 7 replies
He reached out last night and we have an appointment this afternoon for a conference call with his new bookkeeper to review our account.
Vivian Yip
Mid Term Rental Knowledge sharing
10 December 2024 | 10 replies
I need a suggestion here to handle maintenance and cleaningTURNO for automated cleaner payment and scheduling along with inventory trackingQuickbooks / Bookkeeper to keep my PM business in alignmentChase bank & trust accountI'd like a better method for managing linens (bulk order) and distribution.I'd love to compare property management / cohosting agreements with someone to share best practices.
Edward Toomey V
5 months using RentRedi and I HATE it
8 January 2025 | 53 replies
Had several challenges with their bookkeeping after I had to make an adjustment to one of my monthly payments.
Jonathan Buelow
Rental increase strategy
9 December 2024 | 7 replies
@Jonathan Buelow My accountant and bookkeeper could care less about what I set my rents at.
James Masotti
Project management software - how do you manage your projects?
17 December 2024 | 17 replies
I do have a hired manager, but he is overwhelmed with the 3-5 projects we have going at any given time, plus managing rental properties and overall bookkeeping help with my end of the business.
Elan Adler
My experience buying a turnkey cash flowing (kinda) turnkey rental outside Huntsville
6 January 2025 | 17 replies
Just because the costs might be in the furture does not warrant not budgeting for those known expensesThen there is the misc costs of asset protection, bookkeeping, unexpected utilities (such as between tenants (tenant turn over) or failure not attributable to the tenant such as slab leak).
Justin Lee
W9 to 1099 for independent contracts
7 December 2024 | 7 replies
I wouldn't worry too much about it, if you have a competent CPA or bookkeeper they should be able to review your books and within minutes have a strong grasp on who gets a 1099 (spoiler alert, not every contractor gets one, I'll be annoyed if I get one since I'm structured as an S corporation) and the amounts to report.1099 filings are usually a loss leader for us, so if you're working with a professional make sure you take advantage of them filing everything for you.
Marie Copul
W2 Income +500k - What's the best real estate investing strategy for me to scale?
6 January 2025 | 25 replies
My bookkeeping firm provides me with a steady active income, which allows me to keep doing deals, cover unexpected expenses, and navigate the occasional black swan event.
Tom Sproul
Post-Mint App Personal Finance Software Hunt
3 December 2024 | 3 replies
Should I just bite the bullet and hire a bookkeeper?
Kyle Kline
How do you fund property repairs/expenses if you are “investing for equity”?
13 December 2024 | 35 replies
Tax Benefits are also a result of time, good bookkeeping, and tax advisory.- Market Appreciation is the least predictable, but historically, where you will make the most money.