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I am interested in opening an LLC in order to build credit for future real estate investments. I've read online about the benefits of opening LLCs in Wyoming but I still have several unanswered questions. 1. If I open...
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"The Adventures of Calculating Actual Cash Flow on a Rental Property"
Are you ready to become a landlord, but have no idea how to calculate your actual cash flow? Fear not, dear reader, for I am here to guide you on ...
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Hello everyone,
I am a fairly new investor and recently I bought a duplex in Cleveland (44111) and Brooklyn (44144). I have been under since the day I bought (going on two years now.) I am struggling with keeping the...
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Hello,
I have 10 single family homes as rentals. I opened a checking account for each property to manage its rent collection and to pay its expenses, ie: mortgage, maintenance, etc. Each month I scrape these accounts ...
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I'm struggling to figure out how to find recent sale prices of homes nearby.
Is anything like zillow available in Canada?
I am living in Montreal.
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Hi all,First I have to say, finding this Forum has been a life changing experience for me and I'm just so excited so my apologies if I'm asking lots of questions. I inherited a tenant who has been getting their rent ...
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For landlords out there who don't manage themselves, which is better: Quickbooks or Quicken Rental Property Manager?Which gives you the better reports, better data? I hear Quickbooks has a steep learning curve and is ...
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Background, I'm 29 and relatively new to investing. I recently did a live in flip on my primary and cash out refinanced to fund my future long term investment properties. I was able to pull approx. 70k cash out to use...
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I'm just curious what others do to track their rental / business expenses, like their SOP. I'm tying to develop a best practice.
For instance, this is what I do:
1. Create a google business email / drive and create ...