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I have rented my condo in august 2013 using property management service.
Tenant paid whole year in advance ( lump sum/single payment ) .
I have received sum of 9000$ from property management and that is aft...
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This question is fairly specific. I use a property manager. So I have what I call two categories of receipts: receipts I self-pay, and than receipts that come in through the property manager (for both income and...
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A 22 unit complex just came up for sale in the city I live in for what seems to be a very handsome price (1.29 million- which is roughly 53,000/unit) the numbers show great returns on the property but I need assistanc...
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I own properties in Nevada, and more recently I purchased my first property in Indiana. Is it normal for a property manager to ask for your social security number? Back when I purchased my first few properties in Ne...
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I am looking at a 10-unit building in a less than ideal neighborhood. The actual expenses do not include a property management fee. Should I adjust the CAP to reflect that In my due dIlIgence or is it normal for these...
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I officially started using quickbooks to help organize my accounting. I wanted to share with you how I set it up, and was looking for feedback on how others may organize/account themselves.1. I added my business bank...
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After investing in duplexes and triplexes, I'm moving in 'apartment' building investments. I'm in contract on a 6 unit apartment building and received the actual expenses today. While comparing the expenses presented ...
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Dear Friends, I wish everyone is stellar. I'm looking at three properties packaged together in one Street. They are located in Baltimore, Maryland. The three properties combined have eight total units which are 100% o...
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I am not managing my property and have a property manager, so I get a reconciliation of what the property makes minus the charges for the supplies, repairs, etc. I currently use Stessa and their bank to manage my acc...
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Is there a resource on BP with a list of all the expenses a multi-family owner can expect? Taxes, all the different insurance types, maintenance, etc... I have what I think to be at least 95% of the expenses covered, ...