Tom MacDonald
Are these my ARTICLES OF ORGANIZATION?
Hi BP, this might be a dumb question but can someone please tell me if these are my new LLC's "articles of organization"? This was one of the documents that I received when I filed with the State of Texas. I am curr...
Baron Hicklin
In the Process Of Building A Team
Hello All, Especially those in and near Rock Hill, SCI am in the process of building my team. If you can recommend any one/company you have dealt with in the following professions that has made your real estate inve...
Cameron Wilks
Can Quickbooks Online show Cash-on-Cash Return, IRR, etc?
I have all the books in QBO Plus and am able to show Profit and Loss as well as Balance Sheet, by Property (I'm using Locations which can be displayed as Properties). That all works great. But I don't see a way to sho...
James Petry
Keeping transactions organized to the llc
Hi BP people
. Closing on my 2nd rental now since becoming a member. I decided how's the time to convert to an llc. My question is gjis though ( I was told to keep all the property transactions in the llc. How do u g...
Tyler Durbin
With Multiple LLCs - master bank account or individual accounts?
I have 3 rental properties all in individual LLCs. My intention is to continue to add to the number of total properties over time. Which LLC/bank account structure is best practice?A) All LLCs have their own bank acco...
Peyton Culberson
Managing Your First Rental
Hi all! I hope you are doing well. I am a young and inexperienced landlord looking to see what other landlords are doing for managing their portfolio. I recently househacked my way into my second property, and my firs...
Charlotte Dunford
Best accounting software
What is your favorite accounting software to keep track of your operating expenses?
John Gusto
Staying organized as a wholesaler
Hi everyone, I’m new to wholesaling, and I’m having trouble keeping the data that I pull from the county organized as well as keeping track of the notes of the sellers I speak to. I’ve been using Excel, but it’s start...
Alex Smith
Banking and Book Keeping for Rentals
Hi guys!!!We are about 2.5 years in on our buy and hold RE journey and currently under contract on units 5 & 6!!! When we bought our first 2 units (a duplex) I opened a checking account and 2 savings accounts for ...
William Downey
Managing / Organizing Finances for Flipping Business
Hi All,
I was hoping to get some perspective on how you have organized your businesses finances primarily when it comes to running a fix & flip business.
Generally I'm wondering what account types I should have,...