Hello BP. Hope everyone had a wonderful holiday. One of my NYR is getting more involved with REI and BP forums, so here it is.How do you guys manage your REI bank accounts?From what I understand from previous discussi...
Hi. We own 11 SFH rentals, spread among 3 property managers (different states). All 3 PMs use Appfolio and pay us monthly. Any expenses go against reserves of $500 per property and if any expenses are higher than that...
So i live in Norway and want to get into real eatate in the US. After my reaserch i feel that investing is better in the US as the average property in Norway are twice as expensive as in the US.Is it possible to get a...
Hello – I’m getting started with QuickBooks Pro. Many of my questions I find answered online, but there are some I can’t find answered anywhere. I'd like to open a discussion about some of the questions I have and h...
I have multiple flips going, all under one LLC taxed as an S-Corp, and have the accounting structured as follows:- One Quickbooks file and one bank account for each property. I could use one file and one bank accoun...
I'm in the process of interviewing different lenders for my rental purchases this year. I'm looking for additional lenders to meet with that will do a revolving line of credit, so that I can purchase, rehab, place a ...
First of all, this is an amazing forum. I've been on other real estate forums, but I just discovered this one recently and it is far more helpful. Anyways, on to my post.
I've got a hypothetical situation for you. ...
When using the rental property calculator the first 2 properties i paid cash for and the next 6 i used lines of credit from the previous property's. In that case when using the calculator do i just put in the loan for...
Easy to get? requirements?
Hi, I have been passively learning about real estate investing, but have not really aggressively pursued it. Now, I feel like I have learned enough and want to really get into the game.... but I am currently staying h...