Jayse Brock
Accounting for Multiple LLCs
Ok, so after a recent visit to my CPA for personal taxes, I was asking how I should set up my accounting. I have read a variety of articles on BP and they have been helpful but not exactly specific to my problem. Righ...
Anthony McKeen
Just purchased 1st duplex. Do I need Quick Books?
Hi all,We recently purchased our first duplex and will be closing shortly. We were planning on using Quick Books and I just found out that it's a subscription service rather than a one time payment. All I can think ...
Priyo Lahiri
First time getting into STR
Greetings everyone,Relatively new reader of this forum. We have been doing LTR for a while some 2000 miles away with a property manager. That is not working out very well (primarily due to the PM) and moving our asset...
Erkang You
New member from Fremont, CA
Hello! My name is Erkang You. I'm software engineer working a 9-5 job.I have zero knowledge about real estate, but I'm very interested. I would like to learn about rental property investment to diversify my income.Loo...
Bryan Hancock
Managing Cash In Portfolio
I was wondering if folks could describe how they manage the cash they keep on their PFS. My general approach over the years has been to keep about 10% of my long-term liabilities in cash, but as my portfolio grows I ...
Aaron Law
Bookkeeping for multiple properties
Happy New investors!I currently have 1 commercial property and 1 LTR property. As I'm building my portfolio of real estate I'm wondering what the easiest way to set up bank accounts as well as keeping track of tenant'...
Warren Woodward
20 year old hoping to create cash flowing rentals
Hello all, my name is Warren and it’s always been a dream of mine to be able to own and manage properties for a living. With that said what are a few things you wish would’ve known before starting your journey into th...
Yoon Chong
AirBnb Management Liability/Insurance
I have a friend that wants to use one of his properties as an Airbnb rental. As he is moving out of state, I offered to manage it for him to see if STR is an investment strategy that I'm interested in. I'm a realtor a...
LaVerne Mitchell
WELLS FARGO-HUD-CHASE BANK LISTING AGENT / SUMMER 2016 Inbox x
Hi BP,Has anyone ever attended this webinar titled "WELLS FARGO-HUD-CHASE BANK LISTING AGENT / SUMMER 2016 Inbox" it was presented today however due to noise and the area I was in it was difficult to hear all the deta...
Jermaine Funchus
QuickBooks to track projects
I'm using QuickBooks to track projects. Does anyone have any recommendations to the most efficient way to track projects? Would anyone be willing to share their chart of accounts? I will list each project as a custome...