Hi everyone,I analyzed the deal below and found out that if I had a property manager, accounted for other expenses, and put in an extra $20,000 for rehab costs, I will cashflow $270/month. 

Originally posted by Account Closed:I dont know if i want to cry or laugh out loud.  

In regards to studying, my mentor gave me some good advice before I enrolled in class.

I just purchased my first BRRRR and I'm realizing that I need to expand my COA beyond what I have for property management. I'm working in Quickbooks. Can anyone help? Thanks!

Treat this as a normal expense account.  

Account Closed I agree the a/c must be working.

The trend has been strong and across many zip codes with gains from 4%-13%  zips 89119-89123-89118-89109-89102-89101 and 89030 have been very strong These run the gamut from southwest to northeast with of course heavier volume in the north east It is a broad deep rally with multiple offers on many listings  PM me if you want some of the reports  with your email Account Closed

I got 2 small perrsonal checks from him at closing on a couple small items which gave me a bank account to go to the sheriff's office along with my writ of execution and they seized the money from his account as I timed it for a couple days after he collected his rent on a llc and moved it into his personal account. 

Originally posted by Account Closed:@Chris Irvin There is more to it than that.

Here's how I attained both in a relatively short time:-I worked for a Big 4 Accounting Firm auditing the financial statements of the biggest names in real estate..