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I've found a property that i'd like to use for personal use. Its a vacant lot that hasnt had anything built recently, however this area has alot of history dating back to the early 1800's. The houses nearby was built ...
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Hi,
I am a physician finishing up residency in a few years and would like to invest in commericial properties. I'm thinking NNN (fast food joints, banks, drug stores), self-storage, strip malls. My goal is to save...
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I've been trying to get an education on how much control park owners have over mobile home owners renting space in their park. Here is the situation:My 90 year old grandmother has owned a unit for 25+ years in a subu...
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Hi everyone, (following the outline of the how to introduce sticky)
My name is Eric Tu, and I grew up around a stay at home mom that worked her butt off running a motel with my dad and eventually ended ...
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I currently manage 18 units and will be adding 10 or so this month. I don't have any software now other than quick books. I am looking to see what everyone is using, how they like it and what they recommend. Thank you...
Hello. I have read some advice on this forum, but I'm still curious how you set up bank accounts in the most simplified way. Right now, based on some advice from the BP landlording book, we have a bank account for eac...
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Good day all. My partner and I came across a possible Multi Fam in Endicott, NY. After factoring the deal with owner financing, we estimated a 22.3% cash on cash ROI. That’s factoring 23% for vacancy rate. My question...
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I'd like to get more organized in terms of expenses associated with specific properties. So far I've just been using an excel spreadsheet but I'd like to have something more specific.
I manage six properties for mys...
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I searched previous forums but could not find the answer I was looking. Does anyone know of a book or website that shows how to set up quickbooks for a RE investor? Amazon only had a few and the descriptions and rev...
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I have 4 properties. My attorney suggests the best thing for me is one LLC per home. I asked my lender, who is great, and she has concerns with individual LLCs - she says many lenders will not lend to LLCs or properti...