Hello Everyone! This is my first time posting, hopping to get some clarity. How do you accurately charge for repairs, cleaning, damages and labor for things you do yourself verse highering someone when your tenant mov...
Been working on a deal the last couple months, a small portfolio of student houses. Seller is appearing to be backing out, thinking that he can get more for the houses on the MLS. We already have a purchase and sale a...
Current I use Quickbooks Online.
Curious what everyone does for regular bookkeeping?
1. Sales Receipts as payments come in?
2. Recurring invoices and match payments?- If you do this method how do you account for l...
I am quite sure advanced rent received by landlord is taxable in the year it was received. But is its related future expenses deductible expenses for the same year? Base on matching principle it should be? If a tenant...
I’m pretty new to real estate investing. I’ve submitted several offers but I keep loosing out to cash offers. Should I get a hard money lender? If so what are the requirements (credit, capital etc)? Any advice is grea...
I am looking at this bank to finance some rentals. Anyone have any experience with this bank?
Tenants in our townhome reported that their garage door was hit & damaged. It's clearly dented and broke hinges, so not fixable and needs to be replaced. However, they claim no knowledge of how it happened and do...
Does anyone here use Buildium for property management and Quickbooks for accounting? I'm looking to see what everyones workflows are for each month. I like both products and they both have there place in our busines...
Hey investors and landlords, what do you think pro and cons, rental pet one time deposit or monthly addition to the rent for each pet? We are curious as to what people prefer and why? We are about to rent a higher end...
I officially started using quickbooks to help organize my accounting. I wanted to share with you how I set it up, and was looking for feedback on how others may organize/account themselves.1. I added my business bank...