Damon Decker
Frustration with 1% rule
16 February 2021 | 10 replies
Anyway there are so many more reasons to investing than just straight cash flow (though IMO you should never buy a property that doesn't at least break even after all of your costs).
Evan Haag
Expense Management for Multiple LLCs
11 February 2021 | 2 replies
I was curious if any multi-property land lords have a good system (or suggested products) for keeping expenses straight and annotated throughout the year for their different properties.I have separate LLCs and bank accounts for each property, however when I go to export and classify most of my expenses for the year, I'm finding that I forget what some unlabeled (or hard to decipher) expenses were, and thus may be classifying them wrong.I'm looking for something like Quickbooks, but that can handle multiple LLCs/Bank accounts, because as I understand Quickbooks requires different user names for different businesses.Note: I have tried Stessa (and honestly, what it does is what I'm looking for....) but because I use smaller regional banks, the connects to the accounts have troubles several times a month, and I end up having to go back and manually import transactions anyway, so it ends up taking more time than it saves me.Thanks!
Kevin Herron
New to app and Real Estate.
13 February 2021 | 22 replies
@Kevin HerronTo learn more about real estate investing in Chicagoland, you should definitely check out the Straight Up Chicago Investor podcast, which @Mark Ainley and @Tom Shallcross host.
Tyler Kasarsky
My investing journey
11 February 2021 | 0 replies
Would it make more sense to finish this Property and get secured before I grow my portfolio, or jump straight into acquiring more properties.
Dennis S. Gelbart
Rental Property calculator - for multifamily
25 May 2021 | 7 replies
As mentioned the SDA by Michael Blank is pretty straight forward or the model by Corey Peterson is also an easy starting model to use.
Cristina Ortega
TV ads with "Lucky Buys Yucky Houses" Legit??
12 February 2021 | 1 reply
Very straight forward, honest people.
Nico Savoia
High school senior in Pittsburgh... What's the next move?
14 February 2021 | 20 replies
If I were to go the route of REI without a college education straight out of high school... what are the prospects of that?
Byron Kim
cash out or conventional refi?
21 August 2021 | 6 replies
It seems pretty straight forward, but since this is my first cash-out refi, am I missing anything here?
Justin Case
Set Boundaries on Fixes for New Tenant?
2 December 2016 | 7 replies
They are what they are and what the tenant is paying for.You need to draw a no compromise line in the sand and teach tenants from day one or you will end up being owned by them.When they ask for something either give a straight NO or tell them they will pay for it.
David Stone
Tenant paid rent but not Late Fee
27 September 2017 | 74 replies
He's showed that he can pay on time for 3 years straight so I think he deserves the benefit of the doubt.