How do you record cash contribution to a company in quickbooks when you are transferring funds from personal bank account to a business account? Do you still use "make deposits" and leave the payment method blank, or ...
Hello BP members!! Just wanted to start this forum for new and seasoned multi-family investors. Base on your experience, what value adds do you look for when evaluating a multi-family property?For example (try not to...
I know that I want to move forward and become a real estate investor. I am buying some books, accounting software and incurring some legitimate business expenses like mileage as I look at potential properties.What is...
So the question is what kind of marketing budget are you using for your business? Do you work it some months more than others? If you make an extra profit some months do you market extra with that or simply treat your...
I own a few construction related businesses, and want to get into rentals.I own a two acre property with a small warehouse (2400sf). Over the past year, I have got drawings (architectural, civil, structural, mep) don...
What is the process to get your STR as a pin on google maps? I thought I was doing what I needed to by setting up a business profile at the STR address with google, but the way they do the verification of the busines...
The 5 Basic Phases of Value-Add Multifamily Real Estate Syndications
Do you remember the 5 paragraph essay structure from elementary school? Having guidelines to introduce a central idea, provide 3 supportive paragr...
Hey Guys,I had several expenses this year associated with homes that we ultimately did not close on (inspections, termite inspections, etc.). Are those treated like normal business expenses against my LLC for tax pur...
I am getting interested in learning more about the space and it’s options, benefits and possible growth potential.I currently focus on commercial multifamily properties, which is great and all, but I feel retail/wareh...
Generally speaking, there are two main strategies when buying multifamily properties: Turn Key and Value Add. These strategies are very different and both have pros and cons.
In a turn key investment, the buyer does ...