My wife and I formed an LLC to use for our new rental business. We just purchased our first rental a couple months ago and are just about done with all the renovations. So I called up the bank to see about doing a qui...
Has anyone attempted to use one instance of Quickbooks for multiple entities, such as LLCs? I'm struggling to figure out how to best set this up, and do not want to purchase (or have to manage) two separate accounts.
A couple of things to get out of the way before you read the rest of my layout. Yes: I can save 70% of my gross income. I’m a minimalist and I require very very little to survive. No: I’m not planning on having a fami...
Hello there,I am thinking of buying my first rental in Florida (either Orlando or Tampa), however I was warned by a friend who bought a few months ago and had to spend 3000$ on landlord insurance. He said that there a...
Hi BP! My Name is Connor (long time lurker, first-time poster) and I'm just about to close on my first Investment property!I'm in a very frustrating situation with my lender and this noobie could really use some advic...
Hey all, So I am closing on a home today in Atlanta that I plan to stay in for a few weeks out of the year on and off, and rent it out to business travelers via short term leases, Airbnb, etc when I'm home in CA. Next...
I am currently in the foreign service and a Marine reservist. I have my money diversified between my Thrift Savings Plan (maxing out), investments with my in-laws construction business overseas, an S&P 500 SPDR, a...
Hello BP Community,I have a tenant who constantly fails to let contractors in when I have scheduled repairs. I want to renovate the bathroom in the apartment to install a ceiling exhaust fan and new sheetrock/paint. P...
I've seen it written that 99% of people that come on here and claim they are going to try wholesaling do not do one deal. Not the best of odds. I'd like to think I have a few things going for me that will increase t...
Guys I just set my personal best (with a lot of help from my good friend Ophelia Nicholson) on a buy, rehab and sell. I bought this 4/2.5 sfh on 12/17/14 did a complete rehab on it and sold it on 3/24/15. Just excit...