Brent Rieman
REI HUB vs Quickbooks accounting software
Looking for advice on accounting software. I currently use quickbooks online. Very frustrated with them, they keep raising cost, I think im up to 80$ a month now. Invoicing ACH payment cost have increased 10 fold. I...
Allison Martychenko
STR- Business and/or Title as LLC?
Hello! Looking for advice on putting a STR into an LLC. - Why is this recommended?- Does the title and business need to be in an LLC or can just the business be in an LLC?- What are the advantages and disadvantages?- ...
Cameron C.
Establishing a proper portfolio structure
I understand there are a variety of forums, many of which can address my situation to a certain extent, however, I thought it would make sense to lay out the exact context of my situation.I am getting ready to purchas...
Jess White
How do I structure a partnership? 8 Unit in Texas.
Looking to partner up on an 8 unit deal in Texas. Except there’s one issue, I have no idea how to form a partnership of anything like that. I’m guessing there are plenty on people on here that don’t know as well, whic...
Mike Lee
3 Tips for a recent college grad
A neighbor of mine is graduating from college in December, and wants to get into real estate investing. I have directed him to this community, however with the holiday weekend here, felt some may entertain the questio...
Bobby Becker
Owner occupied expenses
First post after some reading, should be closing on a owner occupied triplex in 2 weeks.The calculations I’ve made deducting vacancy rates and maintenance I’ll have to pay about 200$ a month I’m going to open a second...
Kang Thao
Just getting started... Big Bank vs Credit Union Bus. Account?
HELLO! We are in the process of closing on our very first multifamily, a 4plex, at the end of this month. It needs some work done in all the units, but we are excited non the less. Everything in REI is still new to...
Joe Jor
Zelle - 2 Emails to 2 separate accounts at same bank
Hello All,A question on routing incoming rent payments with Zelle. Have any of you used 2 email addresses and had the incoming funds routed to 2 separate accounts at a bank? BuildingA at Example.com => Bank Accou...
Paula Ratcliff
HOA board moving money from one bank account to another
I am a new Board member and need advice. Two months ago, the Board decided to get into the charitable business. There was money donated from lot owners in a fund and they chose to pay off two lot owners debt in orde...
Bob Jones
What's the best bank to open a business account with?
I'm just getting started, and I'll need to open a business account with a bank. I want to be financially savvy when picking a bank. What do you recommend? What do you feel are the most important factors when selecting...