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28 August 2018 | 3 replies
I need to find a good Accountant, preferably from Indiana that understands the tax needs of property investors and hopefully has some experience with overseas investors.
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5 August 2018 | 12 replies
Thanks Account Closed the lease option is a really interesting play and I haven't thought of that.
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13 September 2018 | 13 replies
In January of this year 3 of us started contributing $1k each month to an account.
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3 August 2018 | 1 reply
I'm just getting started, and I'll need to open a business account with a bank.
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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.