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HI Everyone! I am super excited to have my first rental property! There a lots of things going through my head, but the first is keeping my finances organized. I don't want to create a spreadsheet, so what would yo...
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I am planning to get an app developed for real estate. I don't think this app will make any money for at least two years. I would like to expense the app development expense for these two years. I am thinking of setti...
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I'm currently doing a rehab on a 7 unit multifamily that I own. I have a Google Sheet that I'm using to track different elements of the project but I'm wondering if folks have success using other software that they ca...
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Here’s my potential frugal plan to drastically reduce my housing costs in Bay Area. On Thursday begins Plan A, I’m gonna ask for a raise at my current W2 full-time software engineering job, and plan B, if that raise g...
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So I’m rehabbing my first rental and got my second under contract. While that is not much I feel like I already need a system to keep track of rents vs expenses. I need a system that categories specific expenses and g...
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I currently work full time, and I have 10 properties that I have installment sales on, and they will be taxed using long term gains. I got the impression from my CPA that if I was to reduce my employed hours enough(or...
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Hi BP Canadian investors!
I just bought my first rental property. Just wondering if any one has experience or advice about book keeping and property management software recommendations.
Has anyone opened up a separa...
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I have a savings and checking account for my llc, and each property, all under the same banking app. I also have a separate mortgage account for each property. When you add the accounting into all of this, it’s been q...
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I’ve been personally investing in tax lien certificates lately.
If you don’t know what tax liens are, basically when a landowner or homeowner fails to pay the taxes on their property, a tax lien certificate is issued...
Hi all,I'm a 28 y/o software developer & entrepreneur. After taxes/mortgage/life/etc., I have about 100k excess every 12 months. I don't think this income will last forever, so I intend to invest all of it into lo...