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All Forum Posts by: Dean Harris

Dean Harris has started 2 posts and replied 8 times.

Post: No E-book

Dean HarrisPosted
  • CPA & Certified QuickBooks ProAdvisor
  • Saint Paul, MN
  • Posts 8
  • Votes 2

Thanks Mindy, just got it.

Post: No E-book

Dean HarrisPosted
  • CPA & Certified QuickBooks ProAdvisor
  • Saint Paul, MN
  • Posts 8
  • Votes 2

I placed an order for J Scott's (e-book) The Book on Flipping Houses and have not received an email with the book. My credit card was charged on 4/27/16.

How long does it normally take? Seems like this should be pretty quick .......

Post: Update on me and my flips including a $500k + purchase

Dean HarrisPosted
  • CPA & Certified QuickBooks ProAdvisor
  • Saint Paul, MN
  • Posts 8
  • Votes 2

Are your rentals SFH or MFH? Looking to buy my 1st rental in 2016. Just wondering if MFH is less risky. Would appreciate any insight you could share.

Post: New Member From Minneapolis

Dean HarrisPosted
  • CPA & Certified QuickBooks ProAdvisor
  • Saint Paul, MN
  • Posts 8
  • Votes 2

Thanks for all of the warm wishes. 

@Logan Alec - thanks for the detailed response and info. I will definitely take a look at the spreadsheet. If you don't mind me asking, how did you find your first 4-plex? Not a lot of inventory on MLS.

Does anyone know a good realtor that specializes in REI properties in the Twin Cities?

Thanks, 

Dean

Post: App or spreadsheet To Help Manage Holding Expenses of Rehab

Dean HarrisPosted
  • CPA & Certified QuickBooks ProAdvisor
  • Saint Paul, MN
  • Posts 8
  • Votes 2

For those using QuickBooks, I would suggest using the "Class Tracking" feature to keep track of all of your income/expenses by REI project. Then you can simply run a quick report on individual projects to see profitability.

Post: Accounting for a dummy - how do I keep track of my first rental?

Dean HarrisPosted
  • CPA & Certified QuickBooks ProAdvisor
  • Saint Paul, MN
  • Posts 8
  • Votes 2

I am a CPA and Certified QuickBooks Proadvisor. With only one property you can certainly get by with just using Excel. But if you plan to add multiple properties and create a REI business then you are going to want to make your life easier by using a software solution like QuickBooks. And when it comes time to file your taxes, you can run the necessary reports from QuickBooks and give them to your tax accountant.

Post: New Member From Minneapolis

Dean HarrisPosted
  • CPA & Certified QuickBooks ProAdvisor
  • Saint Paul, MN
  • Posts 8
  • Votes 2

Hello! I'm a new member from Minneapolis/St. Paul. I do not have any real estate investing experience, but I'm ecstatic about getting started in the industry. I started listening to the Bigger Pockets podcasts recently and began learning as much as I can about REI.

I am currently a CPA but my goal is to be in REI as my full time occupation in the next 12-24 months. I am most interested in multi-family rentals and want to purchase a 4-plex in early 2016 with FHA owner occupied financing.

So glad I came across Bigger Pockets as the amount of helpful information is simply amazing. Looking forward to networking and meeting you all.

Thanks,

Dean

Post: >>>> PROFILE PICS PLEASE! <<<<

Dean HarrisPosted
  • CPA & Certified QuickBooks ProAdvisor
  • Saint Paul, MN
  • Posts 8
  • Votes 2

Is there a way to center or move the profile pic? The top of my head is cut off...