Erich Wolff
How to handle finances and bookkeeping w/ a growing STR business
My wife and I are under contract for our second STR and I'm wondering how to handle the financials and bookkeeping as we go forward here (and hopefully continue to grow). We currently have an LLC, a business cc and b...
Kenton C.
Tracking Rental Property income and finances
How do you guys track rental income from your properties? More specifically, do you put it into a bank account (savings or checking) that is specifically for your rentals? What are the disadvantages/ advantages. I onl...
Shaun Topel
New Member in Waukesha WI
Hello BP community!!I am Shaun from the Waukesha Area of Wisconsin. I am completely new to real estate, and have been living in various apartments for the last couple of years with my wife. We have paid off our credit...
Anthony Brown
New investore (newbie) in Austin, TX
Hello real estate gurus and newbies!My name is Anthony Brown and I am ready to take the jump into the great world of real estate. I would categorize myself right now as an aspiring buy and hold investor with goals of ...
Alice He
Tax Questions - from the First Time Homebuyer
With tax season around, I'm sure there are others scrambling for answers to their tax benefits. I have interviewed a few tax accountants and have one in mind. But, I'm trying to arm myself with some tax knowledge so I...
Iniabasi N Imeh
What is the best route full time newbies?
Hello, everyone. I work in sales and am brand new to real estate. I'm getting involved because I feel that this will be the best method of securing my retirement.I'm working between 60 and 65 hours pre week. Under ...
Nicole Nichols
Selling Oakland 4-plex right now - good/bad market?
Hi all, I'm looking for some impartial but knowledgeable opinions on if now is a good time to consider selling my 4-plex. I can only find market info on SFH (prices up), condos and rents (prices down), but not much da...
Anthony Hom
Roofstock TurnKey Investors
Hello BPHave any of you guys have experience with Roofstock buying with tenants in placed? I have looked at house between 50-80k some have tenants placed. They provided the tenants ledger which gives me proof of their...
Heather Miner
QBO Class Tracking: Do I really need it?
Hello Everyone! We are a husband/wife LLC (single member LLC, disregarded entity) and report our rentals on our personal taxes. We currently have four multi-families in two LLCs (10 tenants). We plan to add more small...
Cory Cox
Accounting Software Advice!
With so much going on, I'm finally upgrading from my standard Excel spreadsheets this coming year! (I'm actually sad as I'm a spreadsheet nerd)
I'm looking for a solid web-based software that can deal with multiple "...