I'm using Quickbooks to track overall finances. So I have a FixedAssets account in the chart of accounts, but that's not really usable for tracking the per-item depreciation...there's no entry for when it was placed i...

Hey everyone, looking to purchase our first investment property and would appreciate some guidance. We are located in the midwest and looking at Kansas City and Chicago as we are familiar with both cities and have spe...

I recently purchased a property that I am planning to build a new home on. I paid cash for the lot and am looking to finance the build through a construction loan.  I would like to be the GC.  I have extensive experie...

Is it illegal to offer discounts of say, like a $25.00 discount for people who have good credit, discount for having held the same job with the same employer for over a year, a discount for not having any criminal rec...

Hi there!I just wanted to get some thoughts on renting vs. buying. My husband and I currently rent the house that we live in. We really like the block, our neighbors, etc. and on top of that we're getting a really...

I just completed my first rehab on a distressed property I have bought. I just completed a cash out refinance on the property but now the bank tells me that I am not able to put the property into an LLC. Are there any...

Hi BP! My first post.  I love this site.  What a fantastic community and source of knowledge!  I am an investor/entrepreneur looking to do something in a commercial property niche I can't find many resources about: tr...

Hi everyone,I am brand new to all of this. Currently in the information gathering stage. I'm looking at properties with Rent to Retirement. The numbers on their properties look good. But when I check them against the ...

I’m curious to hear from private real estate investors who’ve faced unexpected insurance claims and were protected by an umbrella insurance policy.
We often see discussions whether investors should use an LLC or an u...

I purchased a single family home good quality location in Chicago’s Northwest Suburbs in Cook County as a personal residence. At the time of purchase, I knew I might not want to stay indefinitely and at some point to...