As a starter, at what timing is good to hire a CPA ? on the first property? second or after several ?
Hey BP community,I am an investor with two single family properties in Northwest Arkansas. I currently have these homes in my personal name, but have been debating whether or not to create an LLC for these rentals.I a...
Hello BP members. I would like you guy's opinion on this. I have been inspired to go in to rental properties. Unfortunately, I do not have the capital to invest. I am thinking of taking out a loan from my 401K and my ...
Hi everyone
I’m planning to start a property management company and would appreciate some advice on setting up my fee structure. I’m looking to understand industry standards and best practices. Here are some of the...
@Scott Weaner Asked me to post about Wave Accounting and how I set it up for real estate. Whether it's set up for real estate or not (they have that option when they ask what sort of business it is), they have a numb...
Hi everyone,
So great to be here. I'm Jonathan Hsieh and I'm a software entrepreneur (and hopefully soon a REI) that has a passion for helping people, creating value, and investing and I'm so glad that I just...
Any advice for finding a property owners most current telephone number online? How do you do it? Recommendations?
Not meant for doom and gloom but meant to shed light on our profession. It is not as glamorous and easy as it is often portrayed to be. Being a SUCCESSFUL Realtor is extremely hard work and dedication, and yes our com...
Hi everyone I am looking at making an offer on my first deal. I would like to have each tenant pay for their own utilities. I know some laws may require that certain things be set in place to have tenants pay for thei...
Is it me or is it the process? Doing my DSCR has been a complete pain in the tail! It has to be just as nerve wrecking as conventional. I'm asking for 50% on one property and 70% on the other. Neither have a mortgage....