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Results (10000)
Nick Bennett Investor deal structures
7 January 2020 | 11 replies

Hello!
We presently have been self funding our properties either through the equity we build or saved cash.
We are continuing to scale up with each transaction (Started with 2 units building, then 3, then 4)
In our...

Brian Lenzer Friends and Family Loans vs Conventional Loans
15 September 2022 | 7 replies

I am considering purchasing a property through a loan from friends/family. Are there any non-obvious downsides to this kind of loan? Is there a set legal range for the interest rate? Any knowledge/resources on this wo...

Cassidy Burns Overwhelmed with Bookkeeping. How to get organized/Back on Track
7 April 2018 | 17 replies

Good Morning BP,As Tax Season approaches, and this being my first full year of real estate investing, I realize that the one task that I personally am absolutely am horrible at and hate doing is bookkeeping.  I have t...

Soh Tanaka How to receive rent in QuickBooks
3 April 2020 | 13 replies

I always used "Make Deposits" or "Create Invoices" to receive rent in QuickBooks, and it was all good. Now, for the reason I don't understand, when I create a report called "Transaction Detail by Account," (which is o...

Samantha Zúñiga How the heck do you wholesale?
17 July 2020 | 5 replies

Okay so I understand what wholesaling is, but how do I actually do it once I have found a good deal? What is the step-by-step process to actually complete a wholesale deal and get paid? I have listened to podcasts, re...

Sam Chainani How to start Transactional Funding Business?
22 February 2011 | 1 reply

I want to get in Transactional Funding Business. Please let me know how to start this business. I have tried to find some books on the internet. No luck.

Thanks,

Carlos Flores Vacation Rentals - How do you handle reservations, deposits?
11 September 2014 | 8 replies

My daughter wants to rent a condo that's available for daily rentals, like a vacation rental or hotel.  It's listed on Trip Advisor.  The owner asked the deposit (50%) be mailed to reserve the unit, but had no paperwo...

Mauricio Duarte QuickBooks for Flippers - Inventory vs COGS
15 August 2024 | 29 replies

Hi everyone!Newbie here. Please be kind. I’ve recently formed an LLC with a partner to flip houses. We’ve purchased our first property and the project is underway. I’m a CPA (originally an auditor, now in consulting),...

Caleb Clay How much does everone ay for bookeeping?
25 March 2020 | 10 replies

What does everyone pay for book keeping? I am looking at a CPA that does quick books managing, depreciating all my properties, updating balance sheet etc. and he is charging me $150 per month. Is this normal? Thanks!

Jordan Harper Is a business account worth it?
17 February 2021 | 6 replies

I just bought my first rental property and have tenants moving in soon. I am now weighing the pros and cons of using my normal checking and savings account to manage business income and expenses or going ahead and set...