Hi all
So I will become a landlord soon and I just wanted to know what should I have or need to get as a landlord. For example what type of account should I open to hold my tenants first, last and deposit, etc?
Hi All,
Been a member since 2020, but not very active. I finally have my first deal done and generating income. I am trying to review the process and see what lessons learned can be gleaned from the whole experience...
I have seen several different opinions on this matter but I wanted to get some up to date recommendations. I am working on acquiring and moving into my first househack (2-4 unit property) sometime within the next 3 mo...
I purchased a 4-plex last December. I'm finally to the point of organizing my business finances. I've purchased Quicken Home Business and Rental Property to do this. My two goals are to 1) make it easier on my CPA ...
Hello everyone! I'm a Cincy local and currently work in IT doing business intelligence work.
I've been wondering for some time if there is a market for doing small data tasks (data entry, data management, etc.) for ...
This is the manual input in your underwriting model that reflects the percentage increase your rents will grow each year.Unusually high organic rent growth inputs can be dangerous because it has a compounding effect.O...
I'm an accountant IRL... and I was thinking of how I can give back to my community. I placed an ad on CL offering free help getting out of debt and/or creating a personal budget. I'm not looking to access anyone's per...
So I purchased a triplex in my name, do not have an LLC. Does it matter if I keep the rents in my personal accounts? Or should i open a separate checking and savings? I do I open a separate account and pay the bills a...
Hi - I am new to real estate investing. I live in Chicago and currently have two rentals (single family homes) located in Virginia. I am looking for a new accountant to work with on my taxes this year to make sure I a...
Since 2006, I have managed and co-hosting short term/corporate rentals. I have used over 50 different platforms as well as large corporations to find tenants. I truly believe this is the best strategy for the highest ...