Hi Everyone,
I'm facing two issues with my rental property and would appreciate your insights:
1)Property Manager Transparency: My property manager doesn't readily share details or invoices for expenses, instead ask...
Is it typical for a commercial property manager to collect their revenue based on 5% of rent and CAM expenses collected or just 5% of rent?
For those who use a property manager (particularly for out of state rentals), do you have to have them listed as an employee of your Single member LLC, or can you consider this as an expense(not an employee) to the LLC ?
I had a family member on one of my rentals make several purchase for a house i bought out of town (but in town for them). The total expenses added up to about $4,000 across several different purchases. Is there anyth...
What are you guys all using for software? Between:1) Cozy2) Tellus3) RentRedi4) TenantCloud5) BuildiumThe list is extensive. I want something that produces easy to read financial statements, ability to collect rent, b...
Hi - I'm a relatively new investor and am looking to get my accounting in order. Does anyone have a spreadsheet or other tool the could share that you use for tracking income, expenses, P&L, etc for your properti...
Hi wanted to ask if there is any preference for major rehab - which one is better Lowes or Home depot. Spending about $10k for small rehab. Or, is there any other place where we can get cost effective materials. Thank...
Let's say I have a goal to generate X amount of monthly cash flow by X year, and I'm trying to figure out different scenarios to get to that goal.Can you recommend any useful tools, spreadsheets, blog posts, or forum ...
Hello everyone, I'm just wondering what bookkeeping software everyone uses? I'm only going to be using it for three single family, long term rentals. Thanks for any suggestions!