Wondering does anyone have a good asset management tracking spreadsheet they’d be willing to share? We’ve got about 40 units and looking to start tracking appliance install date and serial numbers as any time they bre...
As someone who has never invested in real estate, self-storage seems like a great way to break into real estate investing. What are your thoughts on this? From sourcing/analyzing deals to financing to cash flow. Is se...
Hey- so I'm bored even asking this question, but unfortunately this seems to be important according to the asset protection person I'm working with.I flip 20-30 houses a year. I'm going to be doing this in a Series L...
Hi guys,
Been lurking here for quite awhile and I thought it was time to tap the collective BP wisdom. I'm currently trying to find a method/platform of accounting for my 5 rental units. I've been using Quicken, bu...
Hi all!
Curious to know for those who reply, what systems are you using that truly help your RE business?
-Systems to improve your deal flow
-Systems to help with asset management
-Project management
-Certain pro...
I am 50% owner of an LLC. We have purchased a pair of single family homes and spent money renovating them but have yet to generate any income (or profit). Thoughts on how to best handle taxes? Want to carry forward...
Just curious what software/method STR investors are using to pay their cleaning personnel. I’d like to set up direct deposit for mine but having a hard time finding the right software. I’m new so it could be as easy a...
My family recently purchased a RV Park and Marina that had been abandoned for many years. After a lot of time and investment in new infrastructure we are finally ready to start renting RV sites. My question is what ...
Long story short, I would like to purchase a portfolio of properties(mix of commercial and SF rental) from family members that are tired of running the real estate. 9 properties in total. I plan to manage all of this ...
Understanding the IRS Section 179 Election to Expense Depreciable Assets is crucial to making the most of your tax strategy.
This provision allows taxpayers to expense certain qualifying assets upfront instead of dep...