Need some help analyzing a financial statement for an apartment complex. Just wondering if capital improvements should be part of the expenses (i.e. should they be deducted from gross income to arrive at NOI). In this...
There's all these formulas for calculating expenses and backing in to cashflow, right? How do you guys manage this operationally? In reality, rent will hit your bank account, but it doesn't separate itself into specif...
A friend of mine has 1 business, 3 locations. I have been managing them for 3 years now. She is wanting me to purchase two of them, by assuming the payments at the bank without changing the information at the bank. ...
My father recently asked for my help to help him stay "organized" with his rentals. He has 6 units. We flipped a house together 2 years ago and I was in control of budget and all book keeping. I have showed him the...
Good afternoon everyone,
I am looking for some general advice regarding structuring a deal that my brother-in-law and I are working on. This is our first deal, and we'll be purchasing the property below market value...
With tax season upon us I wanted to hear your opinion on the best accounting software out there.
Like many of you, I've been juggling various aspects of property management, from tracking expenses and managing leases...
I'm *almost* under contract for my first rental! Hubs' and my finances are through Ally Bank. Love it being online and our savings acct rate is 4.2%. I've read that I should open a business savings and checking at a...
I am curious which accounting and bookkeeping packages smaller landlords prefer to use? I have started using Tenant Cloud and have a paid subscription, but I'm having trouble with the accounting reports and bookkeepin...
Interest article. $30B in CMBS maturities coming due:By Craig M. Douglas and Corina Vanek – Phoenix Business Journal8 hours ago
The last time the U.S. economy was in crisis, terms such as “jingle mail” and “extend ...
Hey BP! I have been looking for a good system for getting rent money and sending bills to tenants. I came across the Tellus app and was wonder what the communities thoughts were about it. It seems like it would be pre...