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Me and my general contractor partner buy 10k homes, put 15-25k in and resell for 80-90k. We've completed one so far. We can sell tradional or creative (seller finance, sell a large part of the note to recapitalize/pro...
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I’ve seen QB pros mention tracking flips by either Class or Customer:Job? Is there a consensus as to which is the best way? What are the pros and cons of either method? Thanks for any input!
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I'm new to investing. I'm about to close on a house that I plan on living in while renting out the other rooms. First I was wondering what's the difference between a house expense and a personal expense. Second, what'...
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This thread comes out of another forum discussion where I was asked about the KPIs (Key Performance Indicators) that my families' property management companies track. We have a management company in Memphis, TN. that...
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Is there a way to easily use Quickbooks to track expenses for a specific rehab project (flip) against an initial budget?Let's say at the beginning of a new rehab project I have estimated amounts for the labor costs, m...
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Hi guys, been reading up a lot about syndication deals. One common point that comes up is that you need to have a very good track record on prior syndication deals to get investors to join. How would somebody as a beg...
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Show Me the Money: How To Stop Flying Blind and Master The Art Of Tracking Income and Expenses In Your Real Estate Business
We’ve all heard the statistics about the large number of businesses that fail in the US ever...
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I am looking for something cheap or free that a "guru" isnt trying to upsell me on. I need it to input property addresses, the stage where the lead is at (needs research, owner not selling, send mail (if needed) etc. ...
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In the past, I've had employees writing checks out of a centralized account. That got messy fast, and I've only got 4 employees. Is there a way to separate and track expenses per employee while still allowing them to ...
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Looking for a better way to track unit costs, progress, ROI, etc