i just bought my first rental its a 4-plex building I've been racking my brain on finding the best method for tracking my monthly income to expenses on a per unit basis. I've looked at things on BP but everything is b...
Can an LLC co-sign on a mortgage loan? I have clients who want to purchase an investment property together. One partner is in a good financial position. The other partner has cash, but his ratios are terrible becau...
We are set to close on our first multi unit in August. I wanted to know what I should be using to keep track of any type of transactions, repairs, booking and filing, etc. I want to keep this as organized as possible ...
I own 24 units under 2 separate properties and am looking for the best property management software that will allow me to run financial reports for accounting. I also want such software to give me the authoritu to acc...
i'm a new investor and my question is What do seasoned investors use for organizing information?For example:1. Keeping information on Contacts for Buyers & Sellers? Do you just store in your smartphone or is ther...
Other than creating an excel spreadsheet, does anyone use a detailed rent roll and expense sheet that easily creates a year end operating statement. Is there a cool app that I could access from my IPhone and/or home P...
So I currently have one rental property. It is under my name and not an LLC, but I plan to create an LLC and quit-claim it very soon (any advise on this would be greatly appreciated).I have been using my personal che...
Hey Everyone,I'm looking for suggestions and tips on how to do bookkeeping properly and what you recommend for a bookkeeping software. I am primarily interested to know if anyone uses Quick Books Online for rental pro...
After some searching, I was not able to find an answer to this unique situation:
I have two friends (US Citizens) who work as missionaries in El Salvador, and currently own a house there. The US interest rate...
As new investors my husband and I are learning as much as we can get our hands on before taking the plunge into our first rental, hopefully beginning of next year. As we build our team, business plan, and organize...