Bookkeeping when it comes to real estate investments can get tricky.I often find the following mistakes occur1) They fully write off the mortgage payment when in reality the mortgage payment is broken down into Interest, principal paydown and an increase into the escrow account.2) If the property is managed by a PM company, do not factor in the PM Statement3) do not calculate depreciation expenseBest of luck in your search for a proper bookkeper.

If so what favorite paint colors do you all use, should I replace the sink or any fixtures?

Hey All - One of my tenants ran a load of laundry and forgot to put the disscharge hose in the utility sink for when the wash drains.

"The house band located at the sink on the right side of the house, to the left of the front entryway, and along the rear wall is discolored and decayed in a manner typical of water damage.

Reality is many bad events/outcomes was done with risk and/or stupidity including poor research.

The only issue off the bat was the sinking foundation in one corner.

Feel free to ask if anything else comes up along the way always happy to help a fellow investor-to-be get going in this crazy, rewarding industry.Take care, Pat & JasperTurning investment visions into REALITY in Phoenix, AZ - Ranked #1 for residential real estate growth and opportunity by PwC

Hard-wired smoke and CO are the responsibility of the landlord, and in reality, the batteries are too because you are protecting your property from fire.

They said the reality is that generating leads is tough and I should give it a full month before evaluating the results.

Detail plumbing work for sinks, tubs, and showers.9.