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Good afternoon,Ive got a quick questions regarding reconciling on quickbooks. I just signed up for QB and all of the info has been imported and categorized for 2018.When I go to reconcile, It lists a starting balance ...
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When you’re calculating the potential rental income for a STR property is there a specific approach to take? Recently I’ve tried estimating daily rates to charge for STR’s using the enemy method (estimating the daily ...
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My electric bill during the summers is around $1600/month. It’s already been over $1k/month for the past few months. I’m sure my guests run the AC 24/7. When the doors and windows are open, when they’re gone for the d...
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In working with investors in a tourism-based market, vacation rentals are a constant discussion. Not only because other people are interested but because I am shifting my personal portfolio to focusing on them as wel...
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Hi BP, newbie investor here...well, been actively looking since the beginning of 2016 but no contracts signed yet. After making more than a few offers on properties so far this year with no results yet, I decided to ...
I have a SFR with 2 units. There is only 1 meter for utilities at this property so utilities are included in the monthly rent. I have verbiage in the signed lease as follows:
Utilities – Reasonable utilities are in...
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I hope I am in the right forum. If not, let me know where it should go and I'll change it.
Currently, I do all the accounting for my LLC which owns SFR's. I sue Excel and for the most part it works just fin...
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Gross revenue of ~$75k, NOI of ~$35k, valuation based off 4.3x gross-revenue, not 5-7% cap rate. Better Cash flow monthly?My realtor called me recently with an interesting investment opportunity - a local car wash. It...
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This is a specific question requiring a specific answer from current Podio users. Your mission, should you choose to accept it...please share how you are using Podio to manage your mail campaigns, how you are tracking...
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Hi All, I recently closed on 3r / 2b (each unit) duplex in Fayetteville Ark right near to the college. We were able to list it just as school was ending about 2.5 weeks ago. My units are moderately priced as others in...