Good evening everyone! I came up with an idea for a new app/website for homeowners and real estate investors. Currently, I am still working on it but would love to get some feedback from the pros. Really what I am loo...
So I'm still in the learning process of real estate investing and this question randomly came to me. For those of you who currently have property and have (rental) income generating from it, do you have separate bank ...
What kind of systems do you use for tracking expenses/bills for each of your properties? How are you systematizing properties to keep track of all expenses, taxes, profit and loss, etc? My wife and I are up to 4 prope...
Hi all -I'm quickly getting more comfortable with quickbooks but as I get better I want to continue to learn more. Currently I'm entering my mortgage payments into three accounts: principal, interest, and escrow. I'...
Hi All,I am not a US resident and live in Australia. I have sold my US investment property in 2023. For Tax Return 2022, it is my first time I need to pay tax to IRS ($269). My accountant gave me instruction for payin...
Is it recommended to have 1 bank account per property? Seems a bit cumbersome. How do you guys manage your rental accounts?
Hi everyone,What is your opinion about collecting rent through electronic payments? Specifically online debit or credit card payments. Any good or bad stories? Any methods of preventing a tenant who uses a frauded car...
Goal: Generate at least $2,500 net per month outside of my job and my wife's job.Current Location: I live in a suburb or Portland, Oregon, where SFRs and small multiplexes are currently going for around $300k. (Of cou...
As the title suggests, me and two others are looking to buy our first investment property. We are looking for advice/discussion on the best way to structure the deal. Our concerns are with financing, liability, and ta...
There are 6 key areas of having your own real estate business that I recommend reviewing periodically to ensure you are on the path to growth and sustainability. It’s a great way to check in with yourself to course co...