Mario Morales
Cash on cash return-
I have a three unit building, but one unit needs to be remodeled the other two have been renting out for the past few years.If I spend X on renovating this apartment to get it ready for rental will the cash on cash re...
Russell Thomas
Chart of accounts for an Opportunity Zone Business and fund
I am interested in setting up a small opportunity zone fund. I would like to see how others have set up their chart of accounts in quickbooks to cover capital contributions from capital gains differently from non-qual...
John Marchefka
How to set up a real estate fund for industrial cannabis dev?
Hi BP community I just set up my account and was hoping I could get some feedback on setting up an industrial value-add fund specific to cannabis land & infrastructure development. My company plans to develop 10 i...
Sendill Arun
Register Foreign LLC in CA
Hi, Do you have any contacts for Lawers / Attorneys that can help me register foreign real estate LLC in CA ?If any of you have done it yourself, any pointers on how this needs to be done.Thanks!
Sailesh Kumar
Should I start my own property management LLC
Hi,I have a few multi family properties and I manage them myself. I have following questions around how to organize the properties and management.1. To keep the accounts and tax simple should I start a property manag...
Jacqueline Mee
Collecting payouts as a property manager(management/cleaning fee)
My business partner and I started a property management company this past year after managing a friends airbnb/VRBO. There was a little bit of flexibility in terms of how we collected money with our friend at the time...
Jesse Liu
Newbie LLC tax question
Hi guys, newbie question here. I have been considering forming an LLC and I'm unsure which one to go by. I was told single person LLC is most popular and you could include your spouse. My wife works at home and mak...
Mike Hoherchak
How to Pay Yourself as an Investor?
Imagining the beginning of a R/E investors career, what does it look like to pay yourself as an investor? To add more context, let say you're a hustler and within the first year completed 2 flips, gaining $40k profit ...
Micah Hensley
Spreadsheet?? What do you use to keep track?!
Hey Everyone!
So my wife and I are new to this but we are excited to close in just a couple weeks on our first rental property! It will be a BRRRR project. Right now I'm looking for input on keeping track of rental e...
Nicholas Moffett
BARE BONES NUMBERS ---- WHAT WOULD GET YOU TO INVEST ?
I pose this question to EXPERIENCED multi family unit buyers. 2-3-4-5-6-7-8- Plex units. WHAT ARE THE BARE BONES RETURNS YOU NEED TO INVEST ?For Example. Lets say your going to buy a 4-Plex for 120k and it needs 20k ...