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How do you guys recommend setting up property operating accounts (e.g.; checking) for multi-family apartments? Do you have an operating checking account for each property? One account for all your properties? #AskBP
I have a solid rental portfolio of houses here in Austin, but the cashflow is minimal compared to what I can get in multi-family or in the mid west. additionally, I'm looking at purchasing non-performing notes and tur...
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Hi I am new to flipping and bookkeeping both so please bear with me, if I am not wrong I will be putting the cost of a wire transfer fee into cost of goods sold for a specific property, or would they go into my busine...
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Hello, I've recently come across a triplex in a great neighborhood, right around the corner from a courthouse, with comps that are at $140,000. The seller is willing to let the property go for $10k if I can close in s...
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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...
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I intend to pass my final RE exam for becoming a licensed real estate salesperson in the state of CT.
I'll be using my license primarily to search the MLS and make my own offers. on rehabs.
If I do not ...
Can I be the person in charge of an LLC, buy a home with the LLC, then sell it to my Roth IRA...thus 'paying' me money from my Roth account (or at least, freeing my money back up into my hands before age 59), and then...
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Here is my dilemma- do a 1031 exchange or sell, pay taxes and use funds for our remodeling project. We are currently in contract to sell our rental property in CO (we live in CA). Bought it for $411K, selling for $460...
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Consistently throughout the forums mentions of help with GoogleAdWordscan be found. Usually you will get an investor or agent that is killing it with AdWords who shares what works for them in their market, however, if...
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Hey guys! Seeking advice.My mother is in a tough predicament and needs to sell her home ASAP.I am a licensed agent, so I will be listing it and know it will sell fast.The problem is it is extremely outdated and realis...