Ari Newman
Tracking PM income/expenses in QB - best practice?
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 ...
Nataly Llanes
The Bookeeping World
As new investors my husband and I are learning as much as we can get our hands on before taking the plunge into our first rental, hopefully beginning of next year. As we build our team, business plan, and or...
Dilini Peiris
Didn't get the appreciation we wanted
We bought a property for 70 k. and rehab for 15k. So total in was 80k We then hired our own appraiser who appraised it for 120k. We then went to the Bank for a cash out refi , they appraised it for 85k. What should w...
Hosanna Jones
QuickBooks
I would like to hire a bookkeeper to set up QBs for my business. I have 7 properties and 22 tenants. How much should I expect to pay for the service? What should it include? What will I need? How long should it tak...
Rylan Kean
Quickbooks vs Freshbooks vs Wave
A little background first... I just opened an company with my partner in Nashville, we will be a partnership LLC. This is no longer a side hustle, but rather a full time career with a partner who has been doing this f...
Marcee Stephenson
What software do you use to track rents and expenses? Any Quickbooks online users?
I have used Quickbooks desktop pro for 5+ years and have been happy with it. They now charge an annual subscription even for desktop versions. Anyone use Quickbooks online? Or are there other expense tracking softw...
Alfonso Aramburo Zepeda
Best Practices for closing deals
I was listening to Josh, Brandon & Grant Cardone on one of the podcasts & they were talking about how sometimes going the extra mile & doing something creative would make the difference over other offers.S...
Erin Michelle Phelps
Setting up Quickbooks
I have 2 properties that I set up as (customers) in QB. I customer has 25 units, 1 customer has 7 units. Each unit I set up as a (job) under each customer. When I enter each units monthly rent payment do I do this as...
Sterling White
Lowering Tax Assessed Value
I would like to purchase a property with high taxes and later dispute the value of the total assessed value to get it lowered. Has anyone had success in getting this done and what was the strategy.
Brandon Schlichter
Getting a loan for 85% LTV or higher?
Are there any lenders out there that will finance higher than 75%LTV on rehab properties?
I'm running into so much with trying to get a LTV rate higher than this. My credit is decent at 680 or higher, but everyone se...