Michael Chizhov
Quickbooks Duplex bookkeeping: AirBnB and Long Term Rental
Hey all, I set up two sets of books, one for my LTR and one for my AirBnB. The LTR has the mortgage on it, the payments, etc, and the rent from the LTR pays most of the debt on the property. But not all.
I'd like the...
Bob Stevens
Agree Or disagree and why.
Everyone has heard, Location Location Location, and most live by it. NOT me. Its PRICE PRICE PRICE, people live everywhere.
Thoughts ?
Bryan Hancock
Audited Financial Statements - Cost As a Function Of X
For the tax wizards on the forum...For the moment suspend any sense of rationality and assume that there is a gov-mint mandate on startups that require them to do audited financial statements. They really don't have ...
Ayaz Noor
Owning and living in a multi-unit
Greetings,
I'm a newbie when it comes to REI, and I'm looking to purchase my first piece of real estate property sometime this year. I am specifically looking at quads or triplexes, where I live in one unit and rent...
Lucas Hammer
Second Loan for a Fixer Upper
Hey everyone. I closed on my first deal back in July (house-hacking) with an FHA loan and have been improving the property while living in it. My goal this year is to buy another multi-unit (2-4 units) in my city, but...
Kenneth Morff
Denied for a Heloc? Still not sure why?
Hello, I don't post on here very often, but I'm not sure where else to turn. We just got denied by a Bank in Saint Cloud. The property we are looking take a Heloc out on is in Sauk Rapids, its worth about $170,000 We ...
Henry Clark
Self Storage- Auction Day
Had an auction today. Two units, one at each of two of our locations. We have 8 locations and 1,200 units. Only these two units auctioned in the last 2 months due to our autopay requirements and fast lockout proced...
Manuel Ochoa Jr.
Real Estate license
BP, I have a question regarding real estate license. Would it benefit me to get my real estate license and if so should I get in from my community college or online?Thank You
Jean Leite
Property Management Software
Hi guys,
We often hear in the podcasts folks with large portfolios using property management software to offload on bookkeeping and admin tasks. How about packages for 1-5 units? Is there anything out there afforda...
Lucas Pfaff
Contractor Started Fire in MY building - Claims Adjuster?
So this morning I received a call from my neighbor across the street from one of my properties. My neighbor was calling to let me know she had called 911 and the Fire Dept after she watched roofers working next door s...