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14 January 2025 | 8 replies
Buildim has a general ledger so you can record credit card transactions the same as in any other bookkeeping software 1- add to chart of accounts a current liability called for example capital one credit card2- when you want to record a credit card transaction go to general ledger create a journal entry, for example if you swiped your card for a maintenance expense in the amount of 1,000 youshould debit maintenance 1,000 and credit your liability account called capital one credit card for 1,000so your liability account balnce is always the same amount as your credit card balance 3- if you pay intrest on your credit card add to charts of accounts an expense account called capital one intrest fees and when you got charged intrest create a journal entry debiting capital one intrest expense account and crediting your liability account 4- to record a payment to your credit card you can record a check from your bank account payable to capital one you should add them as a vendor or you can do a journal entry It simple for anyone with a little bookeeping knowledge and btw thats how its also done in quickbooks or anywhere else And thats the correct way doing it although there are a few other workaround ways for exemple creating a contra asset or as paying a vendor So i dont know why you blame buildium it would be the same with any other software
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12 January 2025 | 2 replies
For example, if they need a quick sale, emphasize your ability to close fast.
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17 January 2025 | 13 replies
For example, for this one, there are 5 4/2 in my area and they have close to the same condition as mine.
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19 January 2025 | 8 replies
For example, if this market appreciates (or has) at 2% per year, in 9 years the property will likely be worth 18% more than it is today.
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4 February 2025 | 87 replies
You’ve made an accusation, used it to imply that I’m covering something up, and provided not even an example, evidence, foundation, etc. for your outrageous claim.
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13 January 2025 | 2 replies
For details: One example property is a SFH, south west of Little Rock (close to 430 and 30 intersection), price is 230.
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12 January 2025 | 12 replies
For this report I used an FHA loan for example, so 3.5% of the purchase price.
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15 January 2025 | 6 replies
You can borrow against a 401k or another property you own for example, but that would a secured loan.
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16 January 2025 | 4 replies
Example: If you take out a loan for 7% you would want to make more than 7% to make it worth it, and probably significantly more.
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10 January 2025 | 2 replies
Quote from @Eyad Ahmed: Starting my Virual wholesaling plan from egypt is quite challenging but doable i'm targeting indiana market with an established LLC and the deal machine software and mojo dialer and a presence whether on social media, a website,etc looking to connect with realtors as I'm looking to start novations as well alongside wholesaling any recommendations about my plan or tips and trick's on how to close my first deal, also if there is any buyers in, fort wayne, indiana polis,munchie drop your email to add you to our end-buyers list also any recommemdations of title company that deals with digital banking for example: mercury,wise,relay and is investor friendlyI am the owner of DealMachine and also have 19 properties in Indianapolis.