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We're new to Bigger Pockets and we are so excited to be here. But we are struggling with the overwhelm of possibility and a lack of banking knowledge. We purchased a home last Feb from a family friend. We closed on...
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My partner and I both work 40-50 hr a week jobs and we currently have 20 rental units (5 properties) right now we seem to be able to handle 20 sets of tenants( my partner does) I mostly fix stuff and work with the con...
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Hello. Im going to form an llc and build a rental property portfolio. I dont know alot about accountants and CPAs and bookkeepers or whether they are the same thing or different. But what kind of accountant should i l...
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Hello, I am a new investor in the Chicago area and am struggling with learning quickbooks and setting it up specifically for managing a rental business. I am not an accountant but I loosely understand how to read fina...
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Good evening BP,When I started in RE about a year and a half ago, I kept a little black book with me. On it, I wrote down all my thoughts, ideas, strategies, criteria, phone #s of new contacts, reminders, appointments...
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I’m about to launch a proptech company (with my friend that's a software engineer) that allows CRE firms to aggregate, organize and search for their CRE offering memorandums (as well as internal documents such as inve...
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In 2003 Redfin and other reporting groups announced that the single-person household became the dominant household. This means more people are living alone than at any other time.
Wow!
I remembered when I first le...
I’m about 3 years late on writing this success story but better late than never.Purchased a mixed-use property consisting of two occupied storefronts, an occupied 1,200 sq/ft 1 bedroom apartment and a 2,000 sq/ft unoc...
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I've got 7 doors that I self-manage and i'm set to add some more in the coming year. I've been bookkeeping with a google drive spreadsheet. A new tax year is upon me and I'm thinking of buying quickbooks, as it woul...
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I just started my investment in rental properties and am looking for the best way to do book keeping so I can keep track of the performance and make good decisions.Any suggestions? I am trying quickbooks online but ha...