Mary Jay
Proper way to do distributions
Hey guys, what are the proper way to do distributions?Lets say I have 5 rentals, the money comes to my property management company, then property management company does a distribution to me... 1) Should I do it via c...
Terrell Murray
Where does all the money go???
Hello BP,I've been listening to post-cast and watching BP webinars and the whole lot for awhile now. I understand how the amazing calculators work thanks too Brandon using them to analyze deals live. My question is wh...
Chris Talley
Funding options for retiree with very substantial assets
A friend of mine recently retired with a very, very substantial amount of money in his retirement accounts but is now having issues getting funding for a personal residence. He currently lives in CA, and is in the pro...
John Lard
KISS Guide to Bookkeeping
Hello,
Does anyone have experience with the "KISS Guide to Bookkeeping?" It appears that this guide is 10+ years old and I am wondering if it is still relevant. Online reviews are lacking and most Google hi...
Jay Marz
Forming a Business entity
Good day Bp fam .... hope everyone is staying safe . I wanted to get a lil input on business entity’s . How important are they ? Do you really only need an llc? I hear if you setup the wrong type of Corp you could end...
Michael Oliver
Question Regarding using lease for funding
Long story short-ish:I have a current mortgage and my DTI is too high, but the thing is an amazing STR. Would do 5k a year easily. Has a flavor for all seasons.But I have to live there. Im trying to move out so it ...
Les Williams
Piggy back on credit for profits!
Who's heard of this before? And is it a good thing to do. I hear its the next
best thing. But, I have a hard time believing it.
Who in their right mine would allow
some one to piggy back. And what are your chances ...
Andrea Duke
Flip funded by private money. Separate acct for transparency?
I’m doing my first flip funded with private money. 2 lenders, actually. Any suggestions on whether I should open a separate checking/savings acct to clearly report use of funds? I don’t want to over complicate the...
Camille T.
Bookkeeping Virtual Assistant?
Has anybody had luck with a VA (virtual assistant) with bookkeeping for their real estate investments?
Johann Jells
What should my LLC tax returns cost?
I've only used an accountant for taxes since setting up the LLC a couple for years ago, and I was looking for any feedback on what is considered market rate for preparing the state and federal returns for an LLC filin...