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I’m setting up quickbooks and trying to figure out how to record a few things.
-Rent do I set the up as a bill or invoice?
-when the renter does not pay so I have to pay to cover the mortgage payment how do I record...
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I am curious, if you use a self directed IRA in a BRRR strategy, when you refinance the house, can you take some of the proceeds out as cash; or, does it all have to stay in the IRA?
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I'm in the process of trying to acquire my first multi-family property in Chicago. I wanted to receive a few opinions or suggestions on how I should be sourcing potential properties. I feel that I'm competing amongst ...
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Hi all,So I know craigslist has likely been beaten to death here in many posts, but I am really frustrated and hoping to get some input from anyone who has dealt with the issues I'm currently having and hopefully figu...
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I work full time+ have few rentals that I self manage+ have a family+ have to cook+clean the house+ have to excercise and I am tired!I dont remember when I had a day off when I did not have to do anything at all. (Lik...
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I have seen ads for home warranties and of course the company tells me how great they are for rental property. Here is what I have been offered:
Do they really give what they promise? Are they really worth it or a...
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I own 11 units in central NY all within close proximity to me. I do my own management on all the properties. I have had opportunities to buy outside of my area but I dont feel as though it's a good idea, (what if some...
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Hello, I'm looking for a good home warranty company for my upcoming 4 PLEX in Mesa, AZ. Any recommendations?Also, any key things I should consider during my screening for a good warranty company?Thanks,
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Hi there. My dad is in jail. He will soon go to prison for the rest of his natural life since he is already old. I am his general durable POA. I am also his vanguard POA/full agent. He has a traditional IRA. I would l...
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I am new to real estate investing. I have joined a local REI group and I am still trying to understand where to start. I have been told to just pick an area and jump in ( mulit fam, fix and flip, buy and hold,etc) I k...