Cash Flow vs. Net Income

If you have more than one single rental property, I would recommend starting to treat your rentals as a business.  Get a separate checking account, register an LLC, and learn double-entry bookkeeping.  I use Quickbooks Online for my accounting and Quickbooks actually makes it easy to do double-entry bookkeeping without you even realizing it (except for…
Read more

Targeting Cash Flow in Rental Properties

Real estate investing is all about cash flow.  Cash flow.  Cash flow.  You’ve heard it so many times that it almost becomes annoying.  Even people that have never even considered buying a rental property will ask you if your properties cash flow (yes, it’s a noun and a verb).  Now, while I go against the…
Read more