Jenny Seaborn
Quicken Rental Management VS. Quickbooks
What is the better software for managing rental houses. Quicken Rental Management or Quickbooks Pro 2016. I did see there is a small forum on this, but I still cannot make a decision. Any further help on this would be...
Shawn C.
Self Directed 401k for Apartment Complex
I am a real estate broker. I want to buy an apartment complex with an old 401k by converting it to a self directed and leveraging debt. I understand I cannot draw on the fund and the gains have to be reinvested. ...
Chrissy Severance
Multi Family C property
36 units with 80% occupancy. Currently in the process of leasing the last two. Total Income: 241,178.83 Expense Total: 162,999.01 Net Income : 78,179.82 Looking to list at 1.7 or 1.8. Looking at the brief numb...
Brian Orr
Calculating NOI question
Hey all, I'm curious to know how this gets represented, maybe you can help? Here's the example of a small 10 unit syndicated deal, which is currently self-managed...
Current OpEx water, sanitation, maintenance, taxes...
Account Closed
6-plex seller gives me expense spreadsheet, expenses seem unusually high?
attached is what I was given. they seem high to me, wouldnt the owner "want" to show me low expenses? these dont even include taxes which are $4,800/year. this is a 6-plex, seller is asking $210,000. it is located in ...
Ryan Vienneau
LLC structure for separate holding LLC's, property management LLC
Need help from the accountants out there, there are a lot of posts on this topic but none I could find that address this question and my CPA wasn't much help (may need a new CPA)...I just moved my buy-and-hold rental ...
Eli Thielen
Expense tracking with cosy.co and other software programs
I was interested in using cozy.co to manage my rental properties . One of the main things I am interested in is their expense tracking and the ability to take pictures of receipts And I am wondering if there any other...
Amit G.
Need help figuring out Expenses for MFU
Good morning BP'ersI was trying to analyze a 4 unit multi family property off the MLS listed at $199000 with only 4 category of expenses provided by seller - insurance, water/sewer/trash, electric and taxes. I do ha...
Kyle Roberts
Banking and Accounting for Single Family Home House Hack
Hi Everyone!I recently purchased my first property, a single-family home in Richmond, VA and am planning to house hack. I'm trying to figure out how to set up the banking for managing the property. I've heard it's bes...
Carmela Gonzales
Underwriting assumptions for smaller multifamilies
Hello everyone. Looking to acquire a small apartment building, Class C, 10-40 units. I am actively analyzing deals on and off market to gain more experience. We plan to buy and hold for at least 10 years.Obviously I t...