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Hey everyone! I'm a broke senior college student (business graduating in December!) and I'm looking to get into the many aspects of RE. I know it is better to pick a niche and specialize, but I really don't have a way...
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I currently have quickbooks premier and just started using it for my real estate flips. I previously was using excel sheets and plan to transfer to quickbooks. i would like to have the purchase price of the home also ...
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Hello everyone!The lease says rent is due on the 1st and late after that, there is a grace period of 5 days before we add on $50 late fee.I have a tenant who moved into the rental in November. Since then she has been ...
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Can I pay a contractor with cash, but still write it off as a business expenses. If so, what is the best method for doing this? Should I be creating invoices and receipts to document and show proof of money's going out?
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I just purchased my primary residence in a new city with cash ($350k) and have another $250k sitting in cash.Should I buy our first rental unit(s) with cash (after reserving 6-8 months living expenses)? As context, we...
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Should I waive the late fee and accept partial payment for a nurse who works for the government? She “said” her hours were cut at work durning the shutdown, however she never missed a check while the government was sh...
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I was calculating my cash on cash returns on a property I bought a few months ago.
My cash flow is about a $1000 a month, and for the past 6 months $600 of my mortgage payment went toward the principal.
Is my cash on...
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I do apologize for the long post here, but there’s a lot to get out here.I’m posting in hopes of getting real data and information from folks before making the plunge into my first RE deal. I need a mental adjustment ...
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so I'm trying to understand the different types of refinancing and what would be best in my position. Here's the lowdown: I bought a 4 unit for 500k as owner occupied FHA 3.5% down and my current principal is 480k. As...