I’m starting to save for my first rental property and I’m wondering what type of account I should store my money and as I am accruing it to gain interest. Any thoughts?

Hell all!Made the switch to QuickBooks Pro from spreadsheets this year and am trying to find out the most efficient way to handle the monthly workflow.Here is my first question.  For properties managed with a property...

I will be closing on my first rental property at the beginning of November, and the purchase was made with two partners. We have talked about the possibility of forming an LLC, but are leaning towards not forming one....

I have not run across anyone talking about building or having a reserve fund for a property. What is The recommendation to accrue and pay for a unexpected capital upgrades, i.e. furnace, roof, sewer, parking lot, wind...

I officially started using quickbooks to help organize my accounting.  I wanted to share with you how I set it up, and was looking for feedback on how others may organize/account themselves.1. I added my business bank...

I purchased the QuickBooks training package from LandlordAccouting.com a while back. I've been doing everything as described in thier PDF manual, and I'm using the QuickBooks company template file they provided. They ...

I have never set this up in my Buildium software but should I? What are the major benefits and drawbacks of using this feature? I am curious who does this and how hard it is to set this up after I have been using my s...

I am a new landlord and my rental bank account is just starting to gain a little momentum.  I keep it separate from my personal accounts.  Apart from keeping what I need as far as mortgage, taxes, insurance, and cushi...

After reading many books on personal finance, a common recommendation is to keep track of your net worth. I like the idea of this.  For me, RE investing is about CASH FLOW to grow and sustain the business and NET WORT...

Forgive me if I'm posting in the wrong place, but I'm stuck and I'm not sure where to turn. Any direction would be appreciated.
I'm certainly spending a lot of money, time, and miles on my car, but I don't own any pr...