Austin Davis
Entering Property Management statements into Quickbooks Pro
Hello!I am trying to set up Quickbooks Pro in the most efficient way possible, but where I can easily get to all information that I might need too. I have entered my property management statements into Quickbooks by ...
Jonathan M.
Best financial options for my buying my second rental property.
Hi everyone! I am currently am ready for another investment, I currently own a duplex in which I live in one side and rent out the other which covers all my living expenses .Right now I have about 90k in equity in my ...
Sagnik Lahiri
Wholesale or Flipping?
I'm not sure what is more feasible for an investor starting out...
Is it getting a good deal and passing it on? Or getting a good property and flipping it?
Either way, I know I'm going to need bandit signs and st...
Bill Jones
New 6 Unit - Tenants Paying Way Less than Market
Hi everyone, I am a new landlord who just purchased their first six unit. It's a great building and I was able to get it off market from an owner who has owned for 40 years.
The only issue is four of the units are p...
Ed Taslak
Splitting the Utilities between Renters (1 meter on 2 units)
Hi There Everyone,I'm wondering if I can split the utilities cost between tenants for a duplex I am looking at. Unit 1 is a 3 bed 1 bath (upstairs) and Unit 2 is a 1 bed 1 bath (downstairs). Is it possible/legal to ha...
Medina Norris
Questions on mortgage notes
I was in a meeting and the subject of purchasing notes came up. Someone please explain what does it mean to purchase mortgage notes and how do you do it?
Danny N.
Taxes Owed On Land Sold In A Foreign Country
I have a piece of land in another country that I paid $20,000 for in 1989, its currently worth give or take $300k based on other comps in the area. If I was to sell it and net lets say $275k. What would I owe in taxes...
Josue Velney
LLC dos and don'ts
Hi BP,I currently invest in two different areas. One area has great cash flow the second has great appreciation value. My empire is grown vary fast. I currently have two LLC's. My question is when do you know if you n...
Jason Campbell
Ohio 3 Day Notice to Vacate? Can I just give them a 30 day?
I have a tenant that has no lease agreement (never had one), and I want to evict them. Do I need a reason? And do I have to serve a "3 Day Notice to Vacate" first? Or can I give them just a 30 day notice?Thanks for yo...
Dawn Young
extra person living with tenants.....
Hi, the tenants we have in one of our houses seems to have another person living with them. I need to address this with them, but what do I say if they say he's "just visiting"? What constitutes "living" there, and ...