Has anyone attempted to use one instance of Quickbooks for multiple entities, such as LLCs? I'm struggling to figure out how to best set this up, and do not want to purchase (or have to manage) two separate accounts.
Hi BiggerPockets!I live in the Westchester area of New York. I am looking for some recommendations when it comes to this project.Questions:1. What should I expect to pay? Internet say large houses can be upwards of $1...
Hi there, great minds of BPs. Curious to know if someone has a good way to calculate the monthly payment on HELOC. For example, if I have 300k credit line at 3% interest for 10 years. I can derive that my monthly pay...
Hi All,I hope to put together a group of investors to purchase a short-term rental property. I've been working on an "online" business plan that makes it easy to share the information about the proposal. I would lov...
Hello everyone. I have read The Book on Rental Property Investing and I have a question about the loans.If I want to buy a property (with price of 100k for example) and I paid 20% down on the Bank( they will loan 80k ...
Hi, I’m looking at moving into storage facilities. I currently own multifamily and just trying to get information evaluating them.When evaluating a facility what is a good rent per sqft?Total expenses per sqft?Also wh...
Hi All,Is there a specific online portal (as a Landlord) that you are using/have previously used that you would recommend for collecting rent? If so, is there a particular reason you prefer that portal?I am trying to ...
Hello All,
I have a few questions about organizing and allocating rental payments.
Since I am new to this world, I wanted to see how others are keeping track of everything.
1. Is there a standard ...
Has anyone found this paid subscription service to be a useful resource for finding deals? Wholesale or Rehab deals specifically. Any alternative suggestions?
Thanks for the feedback!
Would appreciate it if any investors or CPAs can answer my questions. I own a duplex in Ohio and live in CA. I own it under my own name. There were some repairs I had my handyman do that had a cost plus the sales tax....