Hello all,I am 27 years old, currently employed as a System Administrator at a medical facility in Ocala, Fl. I am looking to begin investing with a multifamily home(preferably 3-4 units) in the area using an FHA loan...
In another thread Steven Hamilton II wrote
The penalty for not filling is worse than the penalty for not paying.
This brings up the question do I have to file? I have several companies.
Do I have to file in the fol...
It is imperative in fix and flip that you get the budget down when taking on a project. Having the correct budget gives you a clear picture, helps you manage risk and understand the profitability of the deal. But you ...
Hi guys! Wondering what software/systems you guys use to track income and overall financial health on your portfolios. All of our different properties are in LLC's with the income & expenses attached to a bank acc...
Hi All, am trying to set up auto rent deposit with my tenant. What service providers do most people use? Or do you set this up directly with your bank?
I used to use the auto rent deposit service from NAIL, (some...
I just got my first LLC made for my future rental properties.
Can anyone give me a high level 'most important' things to know about using an LLC?
For example, I know I now need to:
1. Get a checking account under the...
We recently took over managing our properties on our own. My husband and I created an LLC to manage the units. The purpose of the LLC is to separate the income and expenses from the rentals from our personal expenses....
Hi everyone, I live in Pa, and I was wondering about starting up an LLC. So I’ve read I have to start an LLC in Pa because it’s where I reside, but I could create an LLC in a state, let’s use Wyoming for instance, tha...
Just curious as to the tools and organization system different people are using to manage their receipts and paperwork. Admittedly, I'm still using old-school methods of organizing actual paper instead of scanning, s...
Hi Everyone,
I am just starting out and have my first renters coming in 11/1. The property manager I am probably going to work with utilizes Buildium and I will have full access to it. Do those of you that use this p...