Account Closed
Bookkeeping for rental properties
7 December 2014 | 12 replies
The way we work right now with clients, they download details in excel or csv and import it into QuickBooks.
Sean Tagge
Memphis, TN
29 February 2016 | 19 replies
I own a property management company in Memphis and we are successful through communicating to our tenants and investors, addressing maintenance issues immediately, treating our tenants with respect (tenants may be rude to us, but that does not give us the right to be rude back), providing excellent customer service, hiring good people and paying them well so that I can retain quality talent, creating a positive work place where people want to come to work, having great marketing, adapting to the market changes, organized well and keeping investor cost low through managing our vendors closely and leveraging the amount of business we give them into significant discounts off retail.The only investors that I know that ended up in bankruptcy court were the $0 down investors who did not know what they were doing and figured real estate was buy a house, rent it out and cash the checks.
Randy Cheval
Selling vacant land -- seller financing vs installment sale
14 March 2016 | 12 replies
I have also utilized Meridian Title Company in the past and they are an excellent resource (it's inexpensive to use a title company, but some states require an attorney to finalize the transaction and record the deed).
Matthew Thorp
going from hard money loan to 30 year conventional
3 March 2016 | 4 replies
@Matthew Thorp The message above from @Chris M.makes an excellent point. .
Gard Van Antwerp
Title in Cleveland
21 May 2016 | 4 replies
Gents, thanks for the excellent information.
Solomon Mamo
"House Hacking" in Maryland area
5 January 2016 | 8 replies
Elizabeth,You have an excellent website.
Bryan Sandera
What's a good interest rate to offer on a seller finance deal?
7 June 2016 | 8 replies
@Jeff Rabinowitz made excellent points.
Daniel Klebba
Do I need an LLC for each rental house?
7 June 2016 | 7 replies
Our investing strategy will focus on single family homes in excellent school districts (thus far, we have 2 SFH in Keller ISD, and 1 in Northwest ISD- Byron Nelson HS), as well as multi family properties that make sense from a cash flow perspective (We've looked at 2 four plexes, and we're currently evaluating an 8 unit apartment complex).Here are some questions we have for the well informed masses at Bigger Pockets:#1 Do [you] recommend that we set up an LLC for all properties, or a series LLC, delineating each property into separate LLC's "underneath" the main LLC?