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3 July 2018 | 0 replies
Hi,I was wondering if anyone had any recommendations on an accountant I can use come 2019 that has experience with real estate investors.
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3 July 2018 | 1 reply
Hi,I was wondering if anyone had any recommendations on an accountant I can use come 2019 that has experience with real estate investors.
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4 July 2018 | 13 replies
Annual numbers are:Built in 1984 - Seems to be a B class complexPotential rental income $900K-$1M gross6% vacancy ($60K), $20K addition income from vending/laundry - no other amenities, $65K taxes, 5% ($50K) Capex, $28K Insurance, $16K contract services, $90K payroll/staffing, $150K repairs/maint, $6k utilities (tenants pay their own), $10K accounting/legal, $5k advertising/marketing, $100K (10%) PM (is that redundant with staffing?)
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9 July 2018 | 7 replies
He has the property paid off approx. 83% (25/30) not exactly if you account for amortization.
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3 July 2018 | 0 replies
-by Account Closed (Kristine Marie Poe) “In order for you to perfect your AP claim, you do actually have to be trespassing and/or squatting.
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22 July 2018 | 14 replies
I also recommend finding a mentor to keep you focused, accountable to your commitment, on track and help you increase your learning curve and shorten your timeline to success.
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4 August 2020 | 3 replies
Having trouble editing my account, adding a picture and other stuff.
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17 April 2020 | 5 replies
My wife (and I) uses Wave for accounting in her photography business.
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3 July 2018 | 7 replies
Not that necessary if you own it outright yourself. you can pull out the cash when need be.. but with investors or partnership there should be a reserve fund sitting in the account since day 1..