If I charge $500 at Lowes for supplies and list the entry as a supplies line item, then where does the credit card payment go? Can't wrap my head around this one.thanks in advance
This is a topic I have been thinking about before I even started investing in real estate. I currently self manage 2 single family homes and am not sure when I should consider finding a property manager!I have not had...
I am currently getting a marketing plan together to fit my budget to begin marketing for leads next month. Although I think I am going to hold off on creating a website and investing in a CRM until I get a few deals u...
So I've been having a hard time finding the right CPA. My current one is not working out. We currently have two properties in different states and are also doing a JV on a 24 unit. My current accountant wants $125 for...
Do you have everything flow in and out of a single account and let accountant does his thing? or you set up one new account for each property you own. or is there an even better method? I want to keep a more accurate ...
My fiance and I just closed on our first rental property this week outside of Richmond, Virginia. There’s a bit of renovation to be done before we get a tenant. Our goal is to finish renovations in the next 4-6 weeks ...
Hello,If I were to purchase a small rental (multi-family) that's currently using a Private Property Manager (instead of an actual PM company), what's the best way to implement the bank account structure? Given that th...
What are some applications/suggestions to help manage phone communications while working. in other words if you're actively investing and have a full-time job, how are you managing that?Or are there any software tools...
I have done a short wholesaling campaign last year. where would you include/how would you tabulate that come tax time? I purchased rental properties at the end of 2014 and middle of 2015. The wholesaling was a busines...
Hello Everyone!After making what seemed to be an endless amount of offers in this hot market, with a lucky turn of events of a sellers contact falling through due to the first place buyer unable to to afford financing...