Hey BP,I'm wondering. How do you guys manage your finances. Looking to see if someone has an organized system I can copy. Obviously, you don't ever wanna be dipping into your reserves or savings for maintenance. How d...
I'm a new real estate investor and was wondering what software is best for bookkeeping? My wife and I started an LLC and are in the process of buying our first single family property in rural central Pennsylvania. I...
Hi all,
My accountant just got back to me about filing my 2013 taxes and he says I need to file 1099s for all the contractors I paid over $600 for over the course of the year.
Is this standard protocol ...
Hello! I'm a real estate investor from Hawaii and my wife and I will be moving to Dallas, TX around April/May of this year. I'm hoping to network other investors in the area and continue learning! Please share any loc...
I currently have 2 properties and plan to refinance both of them soon. I am a "B type" person and struggle with organization skills. I have one main checking account for my LLC to help separate it from my personal ban...
Hi, Can someone please fill me in on the details of how to form an LLC for buying a real estate from filing for to closing? We have studied and decided with a CPA that we will form an LLC, so that`s not a question, bu...
Hi everyone. I will be forming an LLC for note buying as well as tax liens and some private lending. Anyone involved with these things that have formed a company have any advice on accounting practices? I don't kno...
Hi all!Like most of the other new folks popping up here, I’m a relatively new real estate investor with some experience buying and selling residential properties primarily as a primary residence. I have a natural love...
Hello BP!For those in the Dallas, Texas/DFW area, I'm searching around for local and virtual meetups where I can connect with other investors, lenders, contractors, wholesalers, etc. If you guys have any suggestions, ...
Managing money might not seem as exciting as closing deals, but it’s one of the most crucial aspects of running a successful real estate business. Properly structuring your bank accounts ensures that every dollar in y...