William Harvey
Accounting for house flippers
10 September 2024 | 29 replies
(However, the software is geared towards smaller companies)(There are specialized softwares that larger companies use).Quickbooks can handle the accounting for a small business who does flips.In my opinion, you likely need to take a class on QuickBooks to properly and efficiently use the software.There are likely some schools nearby that will teach you quickbooks.The alternative is to out-source it to someone who is focused on the real estate accounting space.Best of luck.
Aj York
OOS interested in cash flow KC multi family
7 September 2024 | 3 replies
unless you're going to spend time, money and energy building a team, going to the market in person, and being thoughtful and patient, you will likely lose money.
Ashley Campbell
Does a newbie need a RE focused CPA up front?
9 September 2024 | 13 replies
However, a painter will know how to do the job efficiently and effectively.
Joseph Scorese
The Impact to the NAR Settlement for Real Estate Investors
8 September 2024 | 1 reply
Brokerages may need to adjust their business models, which could open up opportunities for cost-efficient, flat-fee models or other discount real estate services.
Michael Gonda
Starting out as a private investor
9 September 2024 | 12 replies
It just wasn't operationally efficient to continue brokering.
Brandon Morgan
Is a property manager necessary?
9 September 2024 | 21 replies
For me, I knew I couldn't execute efficiently as a PM because I like to be too nice to the tenants.
Brian Davis
Adding Solar to a Buy and Hold
7 September 2024 | 6 replies
I can tell you, from an efficiency stand point, they are fantastic!
Colin Ghira
Tax Preparation and Filing with QuickBook
7 September 2024 | 0 replies
**Efficient Data Sharing**: Share your QuickBooks data effortlessly with your accountant.
Julie Muse
Swift Flip Success: McDonald St. Profits in a Day!
6 September 2024 | 0 replies
This quick flip highlighted our ability to identify and execute high-return opportunities efficiently.