Hi everyone,
I’m a new investor in central Minnesota and I had a couple questions regarding the financials of a rental. Seeing as every CPA I tried to contact is busy with tax season, if anyone could answer even one ...

Or do you hire a CPA?

I have always done my own, even since I've been self employed... but I am thinking that if I create an LLC and start doing deals it will probably be a good idea to get a CPA.

What do you think?

Hello my fellow BPs, I'm considering of starting my first investment property soon. I have been doing my own research by reading the BP blogs, listening to the podcasts, asked people questions (including my CPA). Howe...

Am I the only one who is totally frustrated and want to quit.... sometimes!!!I take one step forward and 5 steps back....uggghhhhh!!!I just started my LLC to put my first rental under (it was our home that we moved ou...

Was just notified by Cozy that rent payment from last month will be REVERSED because tenant (who moved out end of last month) contacted his bank after breaking lease and moving out stating "payment unauthorized".   I'...

Hi All!

I wanted to spell out all the steps I went through in order to be functional as a real investor via a US company in America. I thought this list might be helpful for others who aren’t quite sure where to st...

Ok so I got Buildum and I'm not sure about it. Want some honest thoughts. Thinking of swapping to QuickBooks.Keep in mind we are a small time operation an I do a lot of the hands on work my self 🛠️🛠️🛠️. I feel we h...

I wanted to bring this debate to the forum that I am having with a friend who is also an investor.

The debate, if an owner has several llcs ( all single member) for holding rentals, and one additional LLC acting as m...

Hello BP'ers Just wanted to gain insight on how you run your rental business in regards to finance operations. Do you accept rent payment electronically? Did you open up a separate bank account to track income/expense...

Hi everyone. I have a questions about cash flow of rental properties. So I’ve been reading about all of the expenses I should be taking out of the rent I receive to determine my pure cash flow. Mortgage, taxes, insura...