21 October 2019 | 4 replies
@Mike BecherHi Mike,Double entry bookkeeping and the decision making that goes along with doing it (plus how to set up and use the software) is a large knowledge base.An efficient way to learn (about it) would be to hire a CPA to do your books (such as on Quick books) and ask a lot of questions.As an owner focus on understanding the monthly reports they give you, and understand exactly how each line item is generated.For instance if you buy a new Pencil Sharpener (roof, refrigerator, carpet, take out a loan etc...), what does that do to the reports, and what does that mean to you.Good Luck!
31 October 2019 | 11 replies
8 duplexes gets you no efficiencies of scale.
6 December 2019 | 6 replies
I would imagine a spreadsheet would be the most practical but just wondering if any of you guys found any other efficient way that works for you.
21 October 2019 | 11 replies
When I ran the numbers, I just couldn't beat the value at eXp, especially as an investor that seeks multiple income streams and to maximize my time efficiency.
21 October 2019 | 27 replies
I put them in the Two townhouses as well behind this one house .. and I think I will sell one or both of those to buy and hold investors.. and really market the efficiency and lack of the most troubling items for landlords.. which is HVAC and plumbing..
21 October 2019 | 2 replies
It definitely can help to make the process as painless as possible and more efficient for both parties (landlord + tenant), and also offers digital leases.
21 October 2019 | 5 replies
The huge thermal mass of the brick is what slows down the heat/cold transfer.
22 October 2019 | 25 replies
In real practice that is something that is impossible to do profitably and efficiently.
21 October 2019 | 0 replies
When paired with efficient infrastructure I believe this has the capability to solve traffic issues with a decreased dependency on vehicles to get around.
22 October 2019 | 2 replies
This is not a professionally managed HOA but one ran by some of the owners.Im curious for any advice and tips of hold to efficiently keep an eye on a HOA from out of state.