As we acquire more and more (mostly buy and holds, but also some rehabs for a quick flip) it's becoming more and more of a hassle to keep the books.
I am yet to find an adequate piece of bookkeeping software which re...
Hi,I purchased a house recently and my property manager did make-ready repairs in it. Nothing serious (not a fully-fledged rehab). There are a couple of issues with it, though, and I want to understand how you would r...
For the most part, I’m a one guy operation with 7 SFHs just south of Nashville, TN. I buy, rehab, rent, repair, manage, and mow my properties. Within the next 12 months, it’s my goal to add a small (10 or fewer doors)...
Hey y'all, it's been a while. So I finally got my money pit flip under contract. As it turns out, in the state of Texas, any unscrupulous d-bag can place a mechanics Lane on your home. And does not even have to follow...
Hey y'all I just had a really annoying experience and wondering what the community recommends I do. Here's the deal: I have a tenant who signed their lease in January, with start date February first. Back in January I...
I'm confused. Can you borrow money from solo 401k for personal use? I understand like buying your primary resident. Can you take a personal loan? Personal loan can be buying a car or anything personal like that ri...
Hello,I purchased a single family home last November, and one of the tenants(two tenants are paying rents divided half) has been late paying his portion ever since we took the ownership.He was late few days but paid i...
What would be the ramifications of not collecting a W-9 and subsequently not issuing a 1099 for subcontracted work? Can those forms be retroactively issued if you have an invoice with a check paid against it? Would th...
I just received an invoice from OConnor & Assoc (local property tax attorney firm), & I am little cross. I have several properties with them. The city of Houston in their infinite wisdom has increased the valu...
I already use plastiq to pay some bills. But how to I use plastiq to pay a title company? What category to I select?If I click on real estate it gives me sub categories like pay mortgage and pay rent. Which one do I s...