I have created a LLC for holding a piece of rental real estate in Florida. I want to make sure I take the proper steps to keep my LLC as a separate entity then myself, what should I do other then the steps I have list...
Anyone have an idea of what is a typical management fee for self storage facilities? Looking at a 40k sf building and shopping around for a prop management company.
Also wanted to get thoughts on whether getting a...
I know I'm not doing this right, and could use some help/guidance/suggestions.Back in the day when I had just a couple of rentals, I could do all my personal finance and budgeting using mint.com and google sheets spre...
I need to build a balance sheet for my properties. What I have so far... Assets, cash and the properties. Liabilities, balances owed on properties, credit cards and lines of credit. Am I missing anything there? Also, ...
Hello,I am new to the site and am currently working on learning accounting and bookkeeping for our 1st rental property purchase. I am using GnuCash and am looking for other users to get feedback on accounts setup and ...
I’ve been thinking about looking into investing in storage unit maybe start off small I live in South Florida anybody has any advice
I'm trying to get a better understanding of what the most significant pain points are for DIY (do-it-yourself) property investors. That is, those of you who own rentals and manage them personally (as I do).
S...
Greetings Fellow Investors,
I'll make this quick. I'm a Realtor in the South Carolina area who will be buying my first house hack this month. I know that in any business knowing and tracking your numbers is vital to...
I'm getting ready to close on my first mobile home park. It's a 17 unit. The current owner goes door to door to collect rent every month but I'm not doing that. All of my tenants drop off rent at my office. What recom...
I’m under contract to purchase my first storage facility.It’s an out of state deal, though just a few hour drive away.I’m thinking through all I’ll need to keep in mind and want to consider prior to closing. This faci...