Financial fear is… a good thing!? Fear is an uncomfortable feeling we often try to ignore or suppress. But what if, like other emotions, it exists for a specific purpose? What if following it could help you avoid deat...
Account Closed
double closing question?
from what I understand in a double closing there are 2 sets of closing costs. while the transactional funding I am using will cover the first set of closing costs I don't think it will cover the second set of closing ...
Kyla B.
Tenant not setting up hydro before move in
Ontario, Canada. We have a tenant scheduled to move in today. They have already paid first and last months rent. Part of the lease agreement was they were to arrange to take over the hydro payment prior to moving in. ...
Chad Quakenbush
Using a DBA as a separate "investment branch" of my company
Hi there! Just to prepare people - this is a long, detailed post. If you don't want to read everything below, the shortened summary is this: I am planning to start acquiring homes and renting them out to tenants. I ha...
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...
Account Closed
what type of online rent collection do you use?
fyi not sure what catagory to post this:Im trying to pick an online rent collection company to go with. I went through a list I found on biggerpockets http://www.biggerpockets.com/rei/pay-rent-online-p...and the close...
Jacob Budzynski
Private investor wants lien
My partner and I have a duplex under contract. We have a private lender willing to lend to us, although he does want a 1st position lien on the property. Since this is not a hard money loan we will be the ones setting...
Rebecca C.
Advice Finding an Attorney and a CPA
Hi BP Community,I am in the process of setting up a buy-and-hold company and am looking for both an attorney and a CPA that have a specialization in real estate and have multistate jurisdiction. The problem I am runn...
Ronan Simier
LLC now or later?
Good evening,
I am new in this great adventure of flipping homes and I need some guidance.
I am looking to start with one home at the time using a “limited†budget. I am thinking about buying an existing rehab for...
Matthew B.
Entity Structure for Flipping - Operating Company?
I've had several attorneys and CPA's mention that house flippers should treat LLC's as disposable - that is, flip a set amount of houses with an LLC and then create another LLC and let the previous one dissolve.The pr...