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I have not purchased my condo yet for my first rental property, but I have a question about setting up a business account both checking and saving. I am planning to start a business account with my credit union and la...
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Running a note business, I'm curious what bookkeeping software you use to track expenses and income. I currently use a spreadsheet and it's becoming a challenge to maintain.
What tool do you use?
Why did you pick i...
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New Member introduction alert.
My name is Brendan Dwyer out of Corvallis Oregon. I am a commercial fisherman by trade, building capitol to diversify my investments to include real estate. Although I only spend about...
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Hi BP!
May have just found a perfect rental in my area but had a quick question regarding the financing (am calling my mortgage specialist tomorrow!).
Long story short....purchase price is 135k and is a...
Hi Everyone,
I found this forum after deciding to get into the rental house business part-time. What a great place to learn about all aspects of the business. Thank you in advance for your feedback, comments and ide...
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I have experience in SFR/2-4 unit and have used property managers. I've looked at some much larger multifamily's on loopnet and elsewhere and have some questions:
Mainly - is a resident manager someone I'd have to e...
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From speaking with other landlords, I can see that all-inclusive rent has a somewhat negative connotation as there is little room for positive CF. There is also the risk that tenants abuse utilities knowing they will...
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I just bought my first duplex (in St. Catherines, Ontario) and just completed renos. I was in contact with a property management company to take over from here so I can focus on my job and get back to analyzing more d...
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Hello, This week I will be calling 3 CPAs that supposedly specialize in Real Estate Investing. What questions should I ask to determine if they are the right ones for me?I want someone who can find the most deductions...
I am leaning towards purchasing a 12 unit 1b/1b unit which would be my first multi-family property. I have a significant single family portfolio so I'm not new to real estate investing.
My question is: How do you val...