Javan Bowsher
End of year accounting
If I have a guest stay for a week, starting in December and leaving January 1, how should I account for the revenue from that stay, as it is in the transition from one year to the next? Would all of the revenue go int...
Trey McGovern
Business Credit Building Questions
Hey Guys,So Im pretty new at investing and have some questions on building business credit. I have my company registered as an LLC (2 years)I have my EIN (2 years)I have my business bank account (6 months)No D& B ...
Wayne Belk
Wayne Belk - New member from North Mississippi
I'm just at the point of evaluating this business and think I was lucky to find this site. It appears to be what I need to make a good decision. I'm extremely interested in this business and want to learn as much as...
Dean Valadez
Paying mortgage on a former personal residence turned rental under an LLC
Hi! I've read various ways to go about this, but wanted experienced insight. I turned my former personal residence into a rental and have it listed as such, with occupancy coming up within the month. I also have this ...
Account Closed
Cold calling results- How to improve them?
Hi everyone,My VA makes cold calls 30 hours a week. We have a script but results haven't really been that great. It's been almost a month and so far I've only got 1 appointment for this week and about 6 people who ar...
K W
Self-manage make sense?
We are looking at a 6-unit property that is located about 1.5 hours away from us. We want to manage it ourselves and pay a gardener and a handyman to take care of everything on that end.
We understand that there may ...
J'Nelle Lake
Should I contact the seller first? Or a hard money lender?
Hi! So I'm looking into the BRRRR Method and there is this home for sale by an owner in my area. The ARV is $480,000 and the seller wants $270,000. Its going to need a little over $100,000 in renovations.
Who do I a...
Kasey Destache
Best Form of Collecting Rent from Long Distance Tenants
Hi BP Fam! What is the best form of collecting rent from long distance tenants? I've read so many posts and I'm hesitant about using my personal Paypal account to collect and have read various negative reviews regardi...
Brandon G.
Opinion on my multi-family spreadsheet
My wife and I came up with this spreadsheet to track the expenses and income of each door and each property and all properties as a whole. We currently have one duplex but set up the spreadsheet so that new propertie...
Michael Abernathy
Pulling the trigger in 2017
I feel like I have spent an eternity reading, researching, listening to the BiggerPockets pod casts, etc... In 2017 I would like to buy my next property and stop making excuses as to why I can't.I would like to buy-a...