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12 July 2018 | 6 replies
I just give my accountant the information.
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14 July 2018 | 6 replies
And you are right, I did not account for a management fee since I am planning on managing the property myself.
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18 July 2018 | 30 replies
Also, they will have taken their rental return into account, which carries on!
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13 July 2018 | 51 replies
It's limited in that it only allows for payments via CC (with a fee) or by connecting your bank account.
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13 July 2018 | 25 replies
If it meets the criteria for a good investment at 310K, you are accounting for all expenses correctly, and the property is truly turnkey with no major capex in the foreseeable future then by all means go for it.
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20 July 2018 | 8 replies
Originally posted by Account Closed:Originally posted by @Guy M.
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13 July 2018 | 12 replies
Thanks.I have it accounted for, but I am managing it myself and it would still cash flow over $100 a/mo if I decided to get a MGMT company.
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19 July 2018 | 13 replies
If so, you could purchase the property inside that account and possibly leverage it too with a non-recourse loan if you needed.
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8 August 2018 | 12 replies
Now, all of my tenants have to deposit it direct into my Wells Fargo Account.
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29 August 2018 | 3 replies
But the best part is they closed their bank account down before I could cash one of their checks so I am out $1,100.