Accounting dummy here. Not that it's any excuse, but as a young guy with very few expenses I haven't felt the impetus to keep track of my personal finances in any way other than the resources provided through my onli...
DSCR loans are a fantastic tool for investors and can help them add rental properties when there is not enough qualifying income to get a conventional loan. But, as a Mortgage Broker we look for any and all ways to s...
Has anyone ever done a cost segregation without the use of a firm that charges a lot for it? I have a buddy that's doing it himself and providing an excel sheet to a legitimate accountant. Any pros and cons to this?My...
Hi,I am a have a real estate salespersons license in Massachusetts and want to get access to MLS. I am not working as a realtor, so I do not work for a broker. I am looking to purchase a multifamily property and wan...
I thought I would start a thread for investors to discuss how they keep track of their investment properties, and track their historical performance.I think Im still in the 90's because I use an old fashion binder. My...
I am using Quickbooks for an LLC in my syndication with 100+ investors. Does anyone have a good set of best practices for setting up QB in managing capital accounts?
My 506(c) fund is invested in real estate. However, the investors become LP's in a company. The company agrees to pay them a preferred return with a promote. This is a debt structure and not an equity structure. Yes, ...
I am looking into a self storage deal near Charlotte NC and from my understanding the numbers look fairly promising and seems like a good location, room for expansion etc. I would love to know what are the things I s...
Hi Everyone! Looking for some help with a large warehouse I've just purchased in Central PA. I've conducted a feasibility study of the area, and all signs point towards go. The warehouse space needs to be converted in...
I am starting a list of all of the online auction sites for tax lien properties. I have used or am familiar with the ones I listed below. If you know of other online auction sites for tax liens please post, thanks! Ci...