Matt Morales
Asset management for multiple properties
Hey everyone, I have a question about asset management when it comes to multiple properties. Specifically speaking in terms of how to financially manage it. Before I get to my question I want to make clear I am not as...
Scott K.
Do SFR = more equity where MFR = more cash flow?
In the BRRRR podcast, episode 327, David Greene made a comment (1:08:30ish) suggesting his single-family homes tend to add equity for him and his multi-family homes contribute more cashflow. He suggested the two asset...
Derek Stollery
on starting property management company
Is it more beneficial to register a management company as an LLC, S-CORP, LTD, SOLE PROPRIETORSHIP? I manage a couple properties in Canada now and I want to branch out and manage more properties, as I am the only one ...
Geoffrey Lau
LLC funding - Personal funds / legal liability
Hi BP Community,
I'm in the process of setting up an LLC and have questions regarding the initial funding of the LLC. The plan is to purchase a property under the LLC but in order to do so, I assume I would need a se...
Tommy Barrow
First time rental; what next?
We're about to close on our first rental property (woo hoo!). Does anyone have a go-to list of what needs to be done next? This can include how to get tenants, is it imperative to set up an LLC, and anything else you ...
Murali Venkatraman
Mortgage Notes Payment Tracking software
I used to have couple of mortgage notes invested through my ROTH IRA. As time went by, i now have lot of mortgage notes. I tried tracking through excel and not very happy with that approach. I am sure there are other ...
Silas B.
Tax implications for new appliances and water heater
Hi all,I recently purchased my first 2 single family homes as rental properties and have a few tax questions. I purchased new appliances, new waterheaters, and new floating floors, as well as fresh paint throughout th...
Noah Bacon
BiggerPockets Pro Partner Update - Stessa!
Our Pro membership just got better! We are excited to announce a new Pro Partner - Stessa - who helps investors manage and optimize their portfolios. Stessa brings accounting, tenant screening, financial reporting and...
Kristin Seitz
Best renter screening services?
We have a couple ready to rent our SFH and want to do a credit and background check. Wondering which services are good and/or which ones to avoid. TIA!
Justin C.
simple bookkeeping question - credit cards
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