As I read the forums, I realize that a major way to categorize RE market participants is by the amount of time they can devoteFrom least to most time1) passive investors. Have FT job. Dont have/want to spend a lot of...
Hello,I have been using Rentec Direct the last few months and am getting used to is, just a general question for PMS if you have personal expenses on a credit card, do you categorize those under "Owner Withdrawals" or...
So I have around 20 buyers right now. On occasion I get statements like "Not to far east" or "no war zones" etc.
I usually reply back thanking them and letting them know I have added them to my list. I then respond t...
Hi All,I am a newbie RE investor and I wanted to ask the group here for suggestions on what are some online resources for rearching whether a property/area is under A/B/C/D ? What is the criteria for this classificati...
We purchased a property that used to be a duplex but was converted into a SFH. The previous owner had made a opening in the living room area to join both units, the water and gas lines are combined to make only one b...
Hey all, just bought my first house-hack, has the potential to be a 3-unit after renovation. I'm trying to get my books started on the right foot and while I have a pretty good understanding of how to set up my Chart ...
What programs are best for tracking Rental income and expenses and why?
Was ready to finance a seasonal rental in the 23rd hour Bank selling me will not Finance me what am i options don't have the income to justify it being categorized as a second home they won't categorize it as an inves...
while i was doing my numbers for a property i included maintenance and repair at around 5% should i categorize lawn care and snow removal under the category of maintenance and repair or something else? if no what wou...
We pay a monthly subscription for an online booking platform for our private bookings/payments. Would this be categorized as COGS or Advertising Expense?