Hello BiggerPockets community,I have titled this post "The Flow of Money", so it does not get confused with the term "Cash Flow". I have just purchased my first rental property, and am trying to understand how the mon...
Hi BP family,I am currently studying for the Illinois’ broker exam. I have completed the course book and successfully passed each exam. I have done some overall review but there is just SO MUCH information. Are there ...
Hi! New Bigger Pockets member who is looking for *serious* financial and RE guidance. I currently have a CPA (only handles taxes and offers standard tax deductions advice) and a wealth manager at Abacus (handles retir...
Hi, I have some single family homes, triplex and 4 plex. I'm trying to get into commercial multi family real estate, specifically looking at around five units to 12 units. Can someone tell me which sources or books I ...
Do record expenses and organize receipts as they come in, at the end of the week or month? Currently, I am doing them in excel as they come in but this proves to eat up a lot of time, sporadically throughout the day.
What application/program do you recommend for managing your books/portfolio. We are currently using quickbooks but as our portfolio expands I was wondering if there are any other user friendly applications that anyon...
I am considering a self directed IRA. Has anyone worked with BuyPD, Am Estate and Trust and Accuplan? I also talked to IRA Financial Group in NY but they do not work as custodians'. Is a custodian required?
I am just starting out and have yet to purchase any property, but I'm wondering how proactive I should be with my real estate attorney and title company. Does anyone recommend that I speak with an attorney before I st...
Hello, Im a non active real estate agent- never closed a deal. Im looking to buy my first home in Sacramento. Would it be wise of me to try join an office just so I can get commission for buying my own home? Is there ...
I understand each deal is negotiable. However what should be my standard percentage if I am a realtor that finds a deal, close it, make sure all the paperwork is taking care of and EVERYTHING runs smooth on a rehab a...