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6 July 2018 | 7 replies
If the money in that account isn't large enough to cover the cost and the second person can pay a larger share, then pay for the repair and first person's future profits are used to pay back the extra with interest as if it was a short term bank loan.
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6 July 2018 | 6 replies
But at the minimum, I'd make her give you a copy of all pertinent documents on the purchase and sale of each property so you be sure all monies are accounted for properly.
5 July 2018 | 3 replies
I've done a fair bit of reading and have learned to account for r&m, CapEx, management, vacancy, taxes, insurance, and accounting for the first year or two of building reserves.
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18 July 2018 | 5 replies
I'm a 34 year old financial analyst from a very large corporation so i'm incredibility comfortable with numbers, analysis, and 95% of general accounting (I still use a CPA for my own real estate properties, but that's mostly to have an expert who's up to date on all the laws go over my numbers).
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6 July 2018 | 8 replies
@Sara HopsonHi Sara, We first ventured into real estate in August of 2016 and chose Builduim for our property management software because of the integrated accounting system.
6 July 2018 | 6 replies
Account ClosedI can not speak to the other custodians prices, but here is the bigger pockets list of SDIRA custodians. https://www.biggerpockets.com/rei/self-directed-ir...
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19 October 2019 | 26 replies
I think you just need to re-analyze your deal to account for a higher interest rate.
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5 July 2018 | 3 replies
My question is do I need to have a separate bank account for my LLC in New Jersey?
10 July 2018 | 7 replies
Account ClosedIf you choose to let your tenant our of her lease it is up to you.
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6 July 2018 | 1 reply
I don't know if the bank takes that option (line item) into account as the total insured amount.Anyone?