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Do you have any recommendation for a budget/personal finance app? I am shopping around for an app that gives me a visualization of how my budget is doing. I would consider paying a small ($5~$20) monthly subscriptio...
Hello,
I am new to the rental property investment world, and was hoping to ask for some tips / guidance as I navigate this process. My main concern is around optimizing my finances (personal taxes), as well as making...
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So I came across a problem today... I have been using Intuit Payment Network (product of Quickbooks) to collect rent for 3 of my properties. I went to add a 4th and 5th property today and I found out they no longer ...
I'm confused how using setting aside a percentage of rents for repairs makes sense. And where does that number come from? A $600/mo rental and a $2500/mo rental may have the same reroofing or repipe or mainline or H...
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How are you structuring your bank accounts to accept rent, to know who paid, if you have an automated/online system?I have a 4 unit, that i have turned over from section 8/low income, to student housing. I have te...
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Hey Bigger Pockets, new landlord-to-be here.We close on a new personal residence in March and will be keeping our current home as a rental. We will be doing some rehab work to our current home such as replacing some o...
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Does anyone recommend getting a checking account in the state where the property is being purchased?
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After reading Rich Dad, Poor Dad + listening to episodes on episodes of BP podcast I've decided to partner myself with a new accountant that aligns with me and my business ventures. I currently own two LLC businesses ...
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I know this is probably a terribly stupid question, but I was not pleased when I saw that escrow on a $96.5k loan was nearly the principle; like $3xx and change! Thats crazy!
So what exactly is escrow, and why do I ha...
Just opened my first SD-IRA for REI, deposited 2017's $5500, and converted to Roth. Plan to do this again in 2018. It'll be maybe a few more years until I have enough in there to buy a turnkey rental (our primary RE...