Alissa Wylie
Anyone done a California Auction
Hello,
We have rentals in California and Ohio both single family and duplexes. I am ready to purchase another and looking at going thru the Auction.com, would love some insight and to hear from an investor who has ...
Carl Fordyce
effective methods to track income and repair expenses by units?
i just bought my first rental its a 4-plex building I've been racking my brain on finding the best method for tracking my monthly income to expenses on a per unit basis. I've looked at things on BP but everything is b...
Anthony Barbato
Buying a fourplex using the FHA loan: is now good time?
Hello,On January 30th of 2020 I am going to buy my first fourplex using an FHA loan. I spoke with a loan officer today and she had mentioned how the Federal Housing Authority was tightening up the requirements on FHA ...
Monte Blunk
Buildium for accounting instead of Quickbooks?
Looking for easy book keeping and accounting programs to help get us organized. We have 11 doors (5 units) and are starting to feel disorganized especially with the accounting. We are in the process of looking into ...
Bethany Crawford
Quickbooks Set-Up Question
Hi crew,
I'm getting started with Quickbooks Online, and I want to set up my chart of accounts properly. How would you advise categorizing the rent payments received for my first residential rental properties (2 sep...
Nataly Llanes
The Bookkeeping World
As new investors my husband and I are learning as much as we can get our hands on before taking the plunge into our first rental, hopefully beginning of next year. As we build our team, business plan, and organize...
Lacey Hunter
Moses Lake Multi family
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Moses Lake.
Purchase price: $175,000
3rd of 3 fourplexes in a small Moses Lake complex! On site parking, laundry and plenty o...
Lacey Hunter
Moses Lake Multi family
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Moses Lake.
Purchase price: $175,000
2nd of 3 Moses Lake fourplexes co-located with on site laundry, mailboxes, parking and gr...
Jeffrey Fawaz
6plex did not appraise (lender wants to use comps)
Hey guys, I have a question. I’m buying a 6 unit complex in Seabrook TX for 460k.The lender (city bank of Texas ) said initially that they could do a desktop appraisal. I went with them because they are a local bank a...
Jeff Ronningen
Record Keeping
The more units I acquire the more hard copies of records I have. Bills for utilities, water, insurance, repairs, leases, supplies, etc. What can be stored electronically vs. what hard copies need to be kept? If sto...