I purchased my first property last year. It is a single family house with a mother in-law suite. I have been living in the mother in-law suite and renting out the main house. I have several questions about what I can...
Chicagoland and Illinois investors - this has come up several times in conversations so I wanted to post it here to ensure everyone was aware of the opportunity to be exempt from sales tax on your building materials.I...
What do you guys use for online rent collection?
I would like to get members' opinions on this topic. I have read many articles and forum posts about the 50% rule, but always find a large discrepancy between the rule and the actual numbers. I am aware of accountin...
Any Garfield Heights Ohio investors feel that 97 dollars for sewer seems high? My
Property has three tenants one adult two children. I am worried maybe there is a plumbing issue they haven’t reported? Any thoughts? I...
Im currently using a basic Excel spreadsheet to keep track of my properties and tenants. My file is detailed but not enough. Im looking for a software that can help me better manage the finances as well as tenants for...
Hello BP,I use Quickbooks online for my drafting business & was wondering how self-employed people set up their books for their personal finances, personal business & a rental, or two, or ten...I was told Quic...
Hi BP, I have just started using QuickBooks Online. Does anybody have a site or youtube video that describes how a real estate investor uses Quickbooks online? For example. We do a lot of Flips... What section do yo...
I have a duplex with tenants I inherited that pay their rent in cash. The current setup is I swing by once a month to collect the rent. I'm going to have them sign a new lease, and don't want to collect the cash eac...
I have recently bought a bunch of properties and worked with 3 banks, two of them ended up sending my loan to an administrative company that is terrible. This means that they do not service your loan after you close o...