Grant Francke
Buildium and Quickbooks work flow
Does anyone here use Buildium for property management and Quickbooks for accounting? I'm looking to see what everyones workflows are for each month. I like both products and they both have there place in our busines...
Raj G.
Solo 401(K) want to invest in Real Estate
Hi, I need to open a solo 401(k), buy my concern is I want to invest in real estate, then do I need to go for Solo 401(k) with check control or I can do this without check control also.also which brokerage help me fo...
Parteek G.
Are parents a househack?
I am currently purchasing a house and my parents are going to live with me. The mortgage will be ~$1,700 and they will be paying me $1,300 monthly. How can I leverage this situation to buy my first rental property? Re...
Devante Boll
How Do You Keep Track Of Income?
Hello BP,What is your recommended way of keeping track of rental income? At the moment, my tenants in my first SFR pay by checks. Am I to keep all of the checks as proof of rental income for a duration of time?I ask b...
Hussein Myr
Questions about the business model and activation of our LLC
As a newcomer in the home renovation industry, I highly need expert advice. I own an inactive LLC with my friend, and we intend to activate it so that the company can be eligible to utilize mortgage and construction l...
Rob Chang
Tax Implications for Renter Paying Full Year?
Hi, I am new to the Bigger Pockets forum and to REI. I am an "accidental landlord" and am renting out a townhouse that was my personal residence. I decided to become a landlord because my townhouse development is st...
Account Closed
Personal ROTH rollover to SD IRA or SOLO IRA?
Can I use my ROTH IRA for REI? I am having trouble finding examples specifically rolling a ROTH to a self directed IRA for REI.
Rick Doughty
401k roll over
i just opened up a roth ira in feburary,its only worth $1,000. Anyone know how to self direct it into a real estate investment account? most online site i visited wanted a high fee.one i called wanted between $350-$3000
Gary Noto
Rental Income for Solo Roth 401K Contribution?
Hello!I am in the process of qualifying rental income I received as eligible for contribution to a Solo Roth 401K
I manage rental of 3 apartment units I own. I have no other activity that I dedicate for making inco...
Shankar Kantharaj
Can anyone tell me if this is a good deal?
Found this listing on redfin:
https://www.redfin.com/MI/Detr...
700k multifamily, 14 units, fully occupied with rents around 700$ for new units. With a little renovations I estimate it would cash flow 10k gross ...