I don't discuss accounting in the book, but if you purchase the package from BiggerPockets, it comes with my Quickbooks Chart of Accounts (the layout of my QB file).The reason I don't discuss accounting is because there are so many correct ways it can be done, but tends to be pretty specific to how your accountant prefers you to do it (assuming you have an accountant).

Had to post an eviction notice on Aug 10 because tenants had failed to pay $1700 that was due on Aug 1, couple is going through a divorce now, and I got them to sign a form saying they would move out by Aug 31.

I'm sure many people have done great things without an entity, but for me personally, I think I would prefer that type of protection.

Worked for a digital marketing startup for a year and a half before deciding to move into real estate.Goals:Build a professional network that allows me to help my buyers while also grow my own real estate portfolio.My sister owns a couple rentals in St.

I've secured financing, decided that pursuing a BRRRR deal sits well with our risk tolerance and financial situation, and now we have to find it.While "driving for dollars", Zillow, and networking have landed me a couple leads, I feel as though working with wholesalers will be a huge asset. 

He otherwise would be a perfect tenant planning to stay in town for a couple of yes.

Now I know having an LLC is important to protect yourself and your assets, but is having an LLC necessary for doing your first couple wholesale deals? 

Adding one property every couple of years.  

Any suggestions for finding a general contractor or service that offers apartment turn services, preferably in Louisville, KY? 

My next suggestion which maybe of bigger help is to find and join or attend a couple REIA meetings or groups, they are often your best source for contacts and to get a real time pulse of what is going on in your market area.