Proper bookkeeping now will save you so many headaches during tax season and as you expand your portfolio.Best of luck as you grow your real estate business!

By "business account," I’m referring to setting up an LLC as well as a business bank account.My goal is to expand my real estate portfolio by acquiring approximately two properties per year.

For example, we can expand to two-miles radius, where is a good stopping point if there still aren't enough comps?

Scott – This one is tailored to investors looking to understand real estate accounting and bookkeeping.You might also consider looking into general bookkeeping books like "QuickBooks for Dummies" for managing finances, especially if you ever plan to expand beyond REI Hub or need more detailed tracking!

Seek mentorship and expand your network.Good luck!

The world is changing rapidly in front of us for all of us to see but we're all too much bogged down in the minutiae of our lives that we fail or just don't want to see it.To conclude, I'm not quite suggesting that you liquidate all your US assets in a hurry to go and invest everything overseas.

Our company flips homes in Laguna Beach, and we operate student rentals (currently in New Orleans, but planning to expand).

Usually you're falling somewhere in the $150-$200 range, but you really need to understand this number and how to determine it.The market, in general, in Detroit is rapidly appreciating.

So you have some meaningful cash flow that can be saved to expand your empire.

Kris,Hey I do a ton of investing on Indy and have a lot of connections if your looking to expand and Network.