Dev Paul
PCB/Destin vs Myrtle Beach, SC- AIRBNB income and appreciation
24 August 2021 | 29 replies
In fact, my wife and I are starting a business for that precise market.
Adam Stone-dare
Business insurance?
20 October 2008 | 4 replies
Your contractors should carry their own general liability AND vehicle insurance.
Corey Duran
Suggestions for custom income/expense accounts for accounting software
5 May 2023 | 3 replies
., so you know where your marketing dollars are going.Utilities: If you pay for some utilities, break them down into subcategories like Water, Electricity, Gas, etc.Professional Services: Divide this into Legal, Accounting, Property Management, and so on.Travel & Vehicle Expenses: If you travel to your properties or use your vehicle for business purposes, create a category for these expenses.I found this article on BiggerPockets that has some more detailed suggestions on organizing your real estate accounting: https://www.biggerpockets.com/blog/rental-property-accounting-101Remember, it's essential to consult with your accountant or tax professional to ensure you're setting up your accounts correctly for your specific situation.Do you have any specific areas of your business you'd like to track more closely, or are you looking for more general suggestions?
Saad Hameed
Do folks here think the residential market to be a bubble?
22 December 2020 | 20 replies
@Darius Ogloza Thanks Dairus for the precise answer.
Chad Deihl
How much umbrella insurance should we obtain?
6 May 2023 | 8 replies
Each person, each property and each vehicle will be listed.
Sam Giberti
To 401k or Not to 401k
18 July 2019 | 20 replies
I've become obsessed with real estate over the last 10 months and truly believe I can build massive wealth through this vehicle.
Simon Lee
CA resident with out of state properties/entity options/alternatives to incumbents
7 May 2023 | 7 replies
You owe CA taxes and they aren't going to be friendly when they grab your bank account or take you vehicle.
Brian Buchanan
North Carolina Outer Banks
22 July 2021 | 18 replies
I guess many of the rentals are to persons that own the right vehicle to navigate the sand roads or do the owners or rental companies supply transportation, or am I over analyzing the need for 4 wheeldrive?
Aiko C.
What information are you willing to disclose to a new LL if they call for a reference
7 May 2023 | 4 replies
.); House Rule violations; Housekeeping Issues; Did not provide proper notice of vacating; Unauthorized (occupants, animals, vehicles); Vacated early WITH notice and paid pro-rated rent through occupancy; and, of course, found the premises unsuitable and was allowed to vacate early.The main point is, do NOT make your "reference" a personal attack, as that, could land you in court if the Tenant learns the details...regardless if accurate or not!
Mostafa Faghih
Can Airbnb house hacking be the key to building wealth?
2 May 2023 | 17 replies
Some people would rather watch TV, vape, drive a fancy vehicle, wear $300 sneakers, and complain about how the man is keeping them down.