Can anyone recommend a book or other resources that I can use to educate myself on systems and processes to improve the rehab process, specifically related to budget?
I have done 4 rehabs now (buy and hold), and I'v...
I recently started managing a vacation rental.Been researching a lot about the different tools that would make my life easier (Dynamic pricing, automated messages, expenses tracking, ...) and found a few useful ones b...
Is there a general rule of thumb on when to create an LLC?I'm in California and know LLC's are expensive. But is there a cut off when you reach $xxx amount of income from your investment properties is when you should...
Hi AllI am a Realtor as well as investor, and we have a property management company as well. I am looking to invest with partner on some potential deals that will require a PM, and I'm wondering what the pros and con...
Hi All. Looking for something simple to manage the expenses of multiple rehabs (which will be sold retails within 6 mos.). Nothing too complicated. Checking BP but nothing sticks out. I will put something together...
Book keeping question - how would I record full rental income if I don't actually receive money from the property manager?
For example - For January I receive $1000 of rental income and incur $1100 for misc expenses ...
Hi, we manage properties in a partnership and in a couple LLCs. We have Lowes and other accounts to purchase materials for repairs or renovations. Those expense accounts need to be paid with funds from the correspondi...
Many take the time to analyze a deal before purchasing, but I actually find few out there that really understand the factors that effect their real estate business.
Not sure if many here would feel it is worthwhile, ...
My property manager is saying an eviction will cost ~$1000 for a lawyer. Shouldn't the property manager handle the eviction process themself, otherwise, what am I really paying them for? Tenant paid last month ~ 20 ...