Mike Henkel
9 New Units In Last 6 Months! 25 years old 51 Units and counting
17 January 2016 | 41 replies
It had one unit filled and three of them vacant or set to be vacant in the next monthI was low on cash at the time because I purchase the 4 other units the same month so I offered him a 150,000 Land Contract at 10% down with a delayed closing for 60 days BUT I could go in and remodel one unit (at my expence which I put on a credit card).
Mike Sanders
Should my parents rent or sell their house? Need long term advice
5 December 2015 | 2 replies
As mentioned above, I'm looking into the possibly purchasing an investment property myself for residual income, so future development of this skill set may already be in the cards.
James Phan
Charge a credit card fee if the tenant pays with a credit card?
8 December 2015 | 7 replies
I feel that if they do not want to set up online banking or pay with a credit card then they should pay a fee for all the staff time it takes for us to do all those steps.
Ben Roberts
Wholesaling with $1,000
6 December 2015 | 2 replies
I think my first move is to buy some business cards, setup a website, get a list, and send out postcards (since they appear to be cheaper than yellow letters).
Raj Kumar
MOST Efficient Way to Mail Large Batch of Postcards... ?
4 December 2015 | 4 replies
I am planning to print 5000 post cards and send these out in managable chucks of 1000 every 2 weeks.
Steven J.
Getting the best pricing from big box stores
5 December 2015 | 2 replies
Obviously, we can get the member card with the X% of savings but how do you build the right relationships with the managers?
Scott Trench
TWO New BiggerPockets Real Estate Books Available Now!
18 December 2015 | 45 replies
And @ lee Jackson I would like purchase the ultimate bundle today and use a prepaid Visa card.
Jenny Seaborn
Quicken Rental Management VS. Quickbooks
13 February 2016 | 24 replies
The balance of this account should be zero a... 30000 30100 Capital Stock Equity Value of corporate stock 30100 30200 Owner Contribution Equity 30200 31400 Shareholder Distributions Equity Distributions paid to shareholders 31400 32000 Retained Earnings Equity Undistributed earnings of the business 32000 33000 Owner Distributions Equity 33000 34000 Sinking fund (adj) Equity 34000 35000 Payments from Insurance Equity 35000 47400 Rental Income Income Rents received 47400 47410 tentant expense Income 47410 47500 Late Fees Income 47500 50000 Cost of Goods Sold Cost of Goods Sold Costs of items purchased and then sold to customers 50000 State/Fed Taxes Expense Estimated Tax Payments 60000 Advertising and Promotion Expense Advertising, marketing, graphic design, and other promotional expenses 60000 60200 Automobile Expense Expense Fuel, oil, repairs, and other automobile maintenance for business autos 60200 60400 Bank Service Charges Expense Bank account service fees, bad check charges and other bank fees 60400 60500 Bad Debt Expense Rents lost 60500 60600 Tenant Refunds Expense 60600 61000 Business Licenses and Permits Expense Business licenses, permits, and other business-related fees 61000 61700 Computer and Internet Expenses Expense Computer supplies, off-the-shelf software, online fees, and other computer or internet related e... 61700 62400 Depreciation Expense Expense Depreciation on equipment, buildings and improvements 62400 62500 Dues and Subscriptions Expense Subscriptions and membership dues for civic, service, professional, trade organizations 62500 63300 Insurance Expense Expense Insurance expenses 63300 63400 Interest Expense Expense Interest payments on business loans, credit card balances, or other business debt 63400 64000 Credit-screening tenants Expense RHOL 64000 64100 Management Fees Expense Fees paid to outside company for property management 64100 64300 Meals and Entertainment Expense Business meals and entertainment expenses, including travel-related meals (may have limited dedu... 64300 64300 Meals and Entertainment:64310 mileage Expense Mileage 64310 64700 Miscellaneous Expense Expense Miscellaneous expenses not categorized elsewhere.
James Cerenzie
Financing more than 10 properties
26 March 2019 | 29 replies
Also, I have an LLC and business credit card so obviously would like to eventually start building the credit of the business.Options I've Already Explored- several national banks- MACU and American Family- Zions Bank- local mortgage broker in St.
Andrew Cross
Late Payments
15 June 2016 | 10 replies
She came to me last month telling me she can't make the payments on the 1st and would like her due date moved to the 3rd since that's the day her disability check card is refilled.