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Hi everyone,Just as a quick backdrop: I am a 23 year old working a full time office job and contributing 8% (4% traditional, 4% Roth) to my 401k, and getting 4% matched by my company.What I am wondering is if I should...
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So I am about to collect my first month's (plus last and security) rent on my first property - rental application in, background checks complete, initial deposit provided in the form of a check... but I don't have a b...
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Signed papers for first rental property today :) - pending the appraisal, I will own it in about 30 days.
I want get my book keeping set up while I wait. I have a CPA and I will be talking to him. But I wanted to ru...
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Hey BP Members!I own one Condo here in San Diego, CA and looking to add more income generating assets. There is one thing that I have not gone thru and therefore don't understand how people are accomplishing "it".How ...
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Hello,
I currently own 2 properties in GTA, and since Ontario is getting overly expensive and harder to get RE with low cap rates and cash flow, I am thinking to invest in Landlord friendly states in USA.
I have hea...
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Hey guys the stats: the goal is long term passive income -23 doors all cash but 1-Financing 14 out -I have a full time job and so does my husband - all rental cash on cash unfinanced is is20%+ unfinanced-We just move...
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Hi,I have been struggling with general property managing with regards to banking, rent collections, invoice payment, accounting and year-end tax preparation for last few years. None of the solutions seem to be complet...
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Apologies if this was asked previously, didn't see anything lately on the forums. I'm planning on closing on my 1st MF property by the end of the year. Is it worth having tenants use a 3rd party service/app for collec...
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Table of ContentsThe Property 2Financial Overview 4Financial Statements 5Our Methods 9 MLS® Number: SK792508List Price - $299,900 This 4-plex was built in 1970. It boasts 3 2-bed...
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My list of properties has more than doubled this year. I was tracking expenses with excel spreadsheets. I am hiring a CPA to do taxes this year. He recommends getting quickbooks. Is it worth the monthly fee, time sett...