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Results (6868)
Daniel M. Seeking Advice on Handling Mortgage Payments for LLC-Owned Property
1 June 2024 | 3 replies

Hi BiggerPockets Community,
I'm having trouble managing mortgage payments for my rental duplex property and could use some advice from those who have dealt with similar situations.
Background:
The mortgage for our ...

Julio Gonzalez Accounting Tips for a Successful Business
8 September 2023 | 2 replies

Accounting is very crucial in the success of a business. Keeping your books and records in order can be a huge task, but it’s vital in allowing you to make informed decisions, have accurate financial records and ensur...

Mike Steffen Passive Investor - How to report on tax return?
30 June 2019 | 5 replies

One of my friend has business of flipping houses. He offered me to invest in his business on profit sharing. I will be just an investor and will get my money back with profit once he sells property after fixing it. Ho...

Eric Lopez Estimating Operating Expenses
19 December 2024 | 3 replies

To my BP family,When I am running my pro forma on a potential investment property, I always get stuck on whether or not my expense numbers are correct. I can accurately estimate utility costs as most util companies ha...

Michael Abasiekong Show Me the Money: Tracking Rental Property Income and Expenses
14 February 2024 | 0 replies

Show Me the Money: How To Stop Flying Blind and Master The Art Of Tracking Income and Expenses In Your Real Estate Business
We’ve all heard the statistics about the large number of businesses that fail in the US ever...

Keith Dalpe Rental vs Business software
23 February 2017 | 11 replies

There seems to be a disconnect here, to me having even one rental property is a business. It seems some BP just seem to treat rentals as investments and not really a business.  So I am debating using Quickbooks  or so...

Davit Gharibyan Yardi Breeze GL Accounts Help
11 February 2023 | 14 replies

Hi, can someone point me to a person/company who can help me with setting up Yardi Breeze GL accounts the proper way. I have tweaked the accounts, but the issue I am having is I want the NOI to be calculated before Mo...

Jorge Abreu 👍 Learning from Mistakes: The Importance of Due Diligence
31 July 2024 | 6 replies

Wow, this crazy real estate journey has taught me a lot! And let me tell you, doing your research is just as important as wearing sunscreen at the beach.When you buy or sell real estate, you have to do a lot of study ...

Christian Anderson New Member from rural minnesota
2 November 2015 | 7 replies

Hello everyone, I am from Chanhassen Minnesota and have been studying real estate and learning the market for the last few years. Real estate intrigues me and always keeps my interest. I have been growing the savings ...

Peter Mason Proof of funds aka pre-approval letter for MF/Apartment Building
13 May 2016 | 7 replies

When making an offer on a MF/Apartment Building, are you required to show a any kind of proof of funds or pre-approval lettter from a bank?