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I purchased a property with existing tenants. Currently, each of them puts their rent in a dropbox. We changed this method to an online system. All of our tenants have signed up except one, who refuses to use the syst...
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As I am getting started in real estate investing, I want to make sure not to be trying to play "catch-up" starting on day one with keeping my books up-to-date. Quickbooks Pro is used in just about every industry; I am...
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Hi all,I have a prospective tenant (a couple) that are both self-employed. Both parties (unmarried) gave me a copy of their experian report: 738 and 698, which is a good enough score, but I didn't pull the reports. Ho...
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Dear all!I have a company structure where a parent LLC owns children LLC's that own properties. When I look at the books that I manage via QuickBooks Online the distributions from children LLC considered as an income ...
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Hello everyone,
I am sure this have been said before but I really wanted to get details on a few personal request about it,
I do have an investment house I bought 3 months ago (A), I am going to flip it very soon ...
Hi everyoneI currently live in Colorado and am considering investing in some buy and hold realestate in Ohio.Does anyone know of (or are you) a portfolio lender?My situation is a bit different than most in that I have...
Hey BP community, I need some advice,To begin, I'm 22 years old. I discovered my passion for real estate several months ago, and dove right in and started studying, reading books and listening to at least 50 podcasts ...
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Hey BP members!If I were to get a home equity line of credit on my primary residence, would I be able to write checks against the credit line to close on an investment property?? Or does the bank just give you a credi...
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We have been doing fix and flips for over a year now and only used one LLC for all of them. We are in the process of switching to a C Corp to oversee multiple LLCs, specifically one for each property. We will also ...
I am an Newbie from Columbus, Ohio. I will be flipping houses in the Columbus area. My question is I'm looking for the best way too finance a real-estate deal. Hard money seems too high with the interest and the po...