Matt Smolinski
How to Track Property Reserves
I just got my first tenants this week and now I'm trying to get my financial organization in place. I've recently purchased Quicken 2019 Home, Business, and Rental Property and so far it's been fairly easy to setup. I...
David B.
Strategies to streamline a quickly growing portfolio
Hello Everyone! I have officially been investing in real estate for the last year, and in that time I went from owning one condo to now owning 5 duplexes. I am also about to close on a portfolio of three more duplexes...
Derek Caldwell
Utah Fix, Flips and Buy and hold New Investor
Hello everyone, my name is Derek Caldwell. I have some questions on how I need to structure myself to begin investing in the market. I am in Utah and was wondering what critical things I need to have in place before s...
Jean-Paul E. Gagnon
Quickbooks: worth the time spent learning? Am I OVER-engineering?
Hi all,
I have 8 properties (16 units), and have grown a lot in the past 18 months. For 19 years, I've "kept books" with highly organized "paper system" which (while SOOOO 1990')s was at least a logical and organiz...
Michael Doherty
Closing on 2nd Duplex Should I set up another account?
Hi all,I am closing on my 2nd duplex in December and want to stay organized. Curious to see how people stay organized from a financial standpoint with tenant security deposits and separate banking accounts. Right now ...
Brandon Coutts
Management bookkeeping softwares
Hey guys,
I need some advice and recommendations on what everyone uses for bookkeeping and managing their properties. I would really like to be more organized and have everything in one place. Ive been winging it too...
Angela Hansen
Rehab to Refinance Hard Money Roadblock
Hello BP! I have ran into a Roadblock on my flip. I have a seller financed home that I have put a large down payment on and put around $10k worth of work so far. I have a hard money lender and we are pretty much set t...
Daniel Vikhtinski
First Time Landlord Finance Questions
Hi everyone,
I’m a new investor in central Minnesota and I had a couple questions regarding the financials of a rental. Seeing as every CPA I tried to contact is busy with tax season, if anyone could answer even one ...
Will Morrison
Bank accounts for investment properties
As an agent here in Western North Carolina I have been posed the question by a client whether or not it is better to have a separate bank account per investment property or to have all the income flow into one account...
Angelo Llamas
Do you need a bank account for every property
Me and my 2 brothers are starting to invest an we are curious as too as we start acquiring more an more properties do you need to have a separate bank account for every property or how do you keep track of them other ...