Hey Everyone, My husband and I are relatively new to being landlords. I am trying to find the most efficient way to send out a notice for Rent and collect it as well. Currently, I send out a formal text message 2 days...
So my partner and I are in the trial period for quickbooks and noticed that there are two versions, the desktop and online version. Is one better than the other for real estate investors? Does anyone know the differen...
Hey and Hi! I am getting started on my Baselane account and looking for tutorials. Specifically, I am unclear what the best way is to organize my subaccount; Do I open a new account per property? or put all my propert...
We have been using ACH though our bank for many years and it works great for the most part. It's also free. The downside is that is a very rigid system. Some tenants also don't like the fact that they can't initiate a...
Hi My name is Chris. I'm seeking an experienced real estate accountant for my rental portfolio long-term. I would prefer they be Southern Florida based preferably Miami, and have a lot of experience with all the ins a...
I bought a rental property in 2015. Since I did all the research and brought the deal to my agent, she gave me a rebate and reported as Non-employee compensation in 1099. Should I report this income in Schedule C or ...
I just signed a consultancy agreement with a data center developer who is currently looking to purchase property suitable for data center development within the Commonwealth of Virginia. Would anyone here currently ow...
I've worked with a mobile home park firm the last few years and in my experience, most park investors don't like park-owned homes because of the high repair costs (even though you can usually rent them out 2-3 times h...
We have 15 doors right now - pretty much all of them were rehabbed prior to placing tenants. All the renovation costs came from us (either thru our own cash or financed thru a construction loan with a local bank).A lo...
I only have one STR at the moment but could have upwards of 5 by the end of 2021. I’ve been using Zelle and Venmo but I think it’s time to treat this more like an actual business. Any advice is appreciated.