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Last few years have been making $250k as a Realtor. I fired my last accountant as he made some errors as well as gave poor advice. I hired a new CPA and he told me to create an LLC as my name, open business checking a...
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I know more it better but what are the general spreads on cash on cash return? Also what is IRR?
Thanks,
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So I’ve use the bigger pockets property analyzer which I am really a fan of now. Looking at 28 families which I am ready to jump into.My question is, which tools How do you incorporated into your process of keeping tr...
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Hello,We are using QB desktop Pro 2017. Our PM provides a detailed income statement and I'm looking for the best method to post the transactions (gross rents, expenses, etc) instead of the Net we receive. I've read ...
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Hi All,
I recently just started a Real Estate business specializing in short term rentals in South Florida. I am registered in my state as an LLC. I want to structure the business so that I can write off as much as p...
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Looking at purchasing a couple of multi families.So basically I have a line of credit, or leverage ,against an existing Stock investment portfolio with Merrill Lynch. So I can pretty much write a check for the purchas...
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Can be local to me or online. There is so many to choose from
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Hello, I am currently looking to start the build up to my first investment property. I am currently weighting the options of new bank. As my main/current bank is a military bank/credit union and I don't like that I ca...
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If you own multiple properties, do you have a bank account for each of those properties? How do you keep track of the finances if you have a say a duplex with two different sides/doors of the house that has tenants co...
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Ok this is a long story (feel free to stop reading now). I’m in real estate investing by accident and trying my best to make the best of the situation. When my wife and I got married I started renting out my bachelo...