So I'm starting to put together a fairly simple P&L in excel for the house hack I just acquired. I'll eventually move over to a more complex accounting software such as quickbooks down the line, buy I want to wait...

I'm the new controller for a group of real estate investing companies. This strange world of real estate is fascinating and terrifying, I have no experience beyond buying a home the traditional way.

I'm trying to le...

What exactly do you do when you "trade up" from multifamily homes to and apartment complex? I've read a bunch where people said they traded up and used the equity they had, does that mean they sell the multifamily hom...

Hello!I started a business in late 2018 with a partner with the plan to do rental real estate. We didn't have the LLC formed quick enough, so bought a Single family home in our own names and started rehabbing it. Thr...

Are the draws I take for rehab on my properties considered other income on my P&L statement or are they not included at all? My reason for asking is because all my expenses (subs, material, interest, and utilites...

Does anyone have a first hand example of how a LLC worked, or did not work, for them?I currently have 3 properties with an umbrella policy and an could contemplatin setting up a LLC moving forward.  I actively manage ...

A fellow contributor here, John Carbone, sent me a link yesterday to a lot for sale in the Smokies.  The price certainly seemed reasonable.  It so happened that I know the owner of the lot.  He is one of our homeowner...

Hi all!Hoping for a little guidance here. I am small time but growing. I currently own 2 SFH rentals but will soon have 5 rental units within 4 properties, plus a 5th property that I'll be flipping (to build additiona...

I asked my tenant to pay the rent by direct deposit thinking that would be something similar to salary direct deposit but the renter told me that his bank needs to deposit a small amount to my bank and then withdraw i...

I'd be really interested to hear how everyone separates their checking/savings accounts as far as for rental properties and also for saving up for the next investment? Do you prefer a single account for each property ...