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What bookkeeping and account software do you recommend?
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I have been doing my own bookkeeping and taxes up to this point. That means, I have physical receipts in a folder and it is a fun game where I have to do my taxes before the ink fades off of them. However, last year...
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I'm sure this have may been discussed before, but I missed it. I currently use Excel to track all my rev and expenses - I have 11 doors - mostly STR and a few LT. I need something better to keep track of things. ...
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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
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Hello,
I am a Seattle resident new to real estate investing, and am looking to purchase my first rental property before the end of the year. Before I do that, however, I would like do speak with an accountant to make...
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Hey everyone! My first rental will be up and running soon and I wanted to scour biggerpockets to see if anybody was willing to share their excel spreadsheets they use for all their banking and account purposes to help...
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I'm looking to form or join a mastermind/accountability group chat with other investors or soon-to-be investors. Does not have to be in person but have to be willing to commit to weekly calls.
Just a group to brains...
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I'm about to get a second property online and wanted to keep the two properties in separate bank accounts. I use OwnerRez and could probably set up another Stripe account for that property that deposits directly to a...
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Many investment firms bought interest cap rates last year when they purchased multifamily properties last year in response to the increasing interest rates because they use variable bridge debt. When the variable rate...
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I have witnessed countless individuals fall victim to the pitfalls of mental accounting when it comes to their property investments. I know wholesalers that have booked a vacation expecting an assignment fee only to b...