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15 August 2018 | 5 replies
Hi,Its been a while I haven't open my account and haven't started any investment now.
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5 August 2018 | 13 replies
., the 3 of us brothers) would lease an entire building from him and sublease the units and pocket the cashflow.My older brother put me in charge of doing the business and accounting research, so I started at our local library and quickly found Brandon Turner's books, as well as this website and podcasts.
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7 August 2018 | 3 replies
Im seeing very little in the way of cash flow properties but wanted to seewhat you all though about my inputs.Im making a few assumptions mainly looking at multifamily up to 4 units with 10% down (I know this is low but I've found banks that'll do that in my market for properties under 500k) then I account for maintenance/debt servicing from past experience (wondering if people have a better way that would take into account property age and condition for maintenance estimates), finally I set vacancy at 1 month a year (not sure if that is reasonable either).
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6 August 2018 | 12 replies
I recommend 1 bank account per property.
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8 August 2018 | 10 replies
And since it’s my first property, the accountant recommended against it.
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6 August 2018 | 4 replies
If you have a Facebook account look up Brew City Real Estate Investment Meetup.
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6 August 2018 | 3 replies
Do you all have a separate account to collect your vacancy, repairs, & capex % for each property?
7 August 2018 | 2 replies
Account Closed would honestly have to know more about the property but around $100/month would be my best guess.
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20 November 2018 | 8 replies
If they dont, or if it comes from a co-mingled account the tenant is able to get significant damages.
1 July 2019 | 5 replies
Hi Account ClosedDid you ever pull the trigger on this?