Allen Tracy
Section8 Payment to Owner or PM?
How do you typically receive your section8 payments?My property management company is having section8 payments go directly to me rather than through them. This is going to create so much more bookkeeping for me. Now...
John Allen
QuickBooks Self employed?
I'm looking for an app that can handle my real estate investment accounting.
I've done the trial for quickbooks self employed and loved it. But I didn't see an option to customize into specific properties. When I tr...
Charles W.
Standard commercial lending terms
Hi all,
I've been trying to do my research into commercial lending terms. Based on all the threads on LLC vs operating in my own name I have decided it is probably best to operate under an LLC. Since as an LLC I cann...
Roy Mitle
How to trust new syndicate
One of my friends has a property under lock and is looking to raise a syndicate. He needs to raise $13M and claims he is investing $1M of his own money. The property will be held as tenants in common and is located in...
Bruce C.
Rental Accounting Question
Good morning BP
Im attempting to keep accounting for our first SFH rental. We acquired the property oct 6th and have performed some repairs. The problem im having is the money we leveraged for property purchase and r...
Erick Martinez
Vacancy Rate
Where do you find the vacancy rate for your area? (I'm in the Phx, Az area if your wondering)
Marc S.
Syndication deal presented to me
Morning BP community. I was presented with a Syndication opportunity. I am fairly "green" in this type of investments and I am still in the process of investing in my first owed RE property. I have done a decent am...
Matthew Otero
Do I really need to open new bank accounts for each property?
So my question is do I really have to open a new bank account to collect rent for each new property? The LLC has its general business account that we use for all our administrative and operational expenses but I opene...
Pixel Rogue
Planning Renovations for Investment Property
We may buy a home near by which is in need of renovation. Ideally we would hope for a tenant who would be open to renovations while living in the home and that way the expenses are tax deductible. While not all the re...
Max Murin
BNB Formula/ STR Secrets
Has anyone paid for BNB Formula, STR Secrets or any other Air BnB Arbitrage Coaching/ Mentorship that helped them get started with their Air BnB Arbitrage journey? Did you find it effective and is it worth the money?