mattbussey.com
Yearly Income Report – Fiscal Year 2014 Profit and Loss
http://mattbussey.com/yearly-income-report-fiscal-year-2014-profit-and-loss
Yearly Income Report Fiscal Year 2014 Profit and Loss. Yearly Income Report Fiscal Year 2014 Profit and Loss. January 31, 2015. Below is my 2014 Yearly Income Report, with years 2013. And 2012 as comparisons. The purpose of these reports is to give beginning real estate investors a real idea of what it’s like to invest in houses. In 2014 I had 9 houses (14 rental units) in service. I have chosen to have my properties professionally managed and have learned the hard way. As always, feel free to contact me.
mattbussey.com
Crowd Source Your Down Payment
http://mattbussey.com/crowd-source-your-down-payment
Crowd Source Your Down Payment. Crowd Source Your Down Payment. January 30, 2015. I borrowed 10 grand using LendingTree.com and got an interest rate of 6.25%. If you have good credit, that’s about the rate you can expect. Bad credit? Well with higher risk comes higher borrowing costs and rates can go as high as the mid-20s. Just look at these sites as effective sources of funding and at least check there before you go to any hard money lenders or put a down payment on your credit card. Don’t Overth...
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Income Reports
http://mattbussey.com/category/income-reports
Yearly Income Report Fiscal Year 2014 Profit and Loss. Yearly Income Report – Fiscal Year 2013 Profit and Loss. Yearly Income Report – Fiscal Year 2012 Profit and Loss. Find What You’re Looking For. Journal Entry for Returning a Tenant’s Security Deposit. Journal Entry for Tenant Security Deposit. Reader Question – Is This Doable? Quickbooks Journal Entry – 7 Properties to Commercial Loan. Setting up a rental property in Quickbooks Online. Networking is just hanging out … most of the time.
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Journal Entry for Returning a Tenant’s Security Deposit
http://mattbussey.com/journal-entry-for-returning-a-tenants-security-deposit
Journal Entry for Returning a Tenant’s Security Deposit. Journal Entry for Returning a Tenant’s Security Deposit. February 27, 2015. If you’re returning ALL of a tenant’s security deposit (good tenant, lucky you), the journal entry is very straightforward and is simply a reverse of the journal entry for receiving a security deposit. It looks like this …. If you have any question related to returning security deposits, or any other real estate bookkeeping-related issue, please let me know. I asked tenant ...
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Matt Bussey — Real Estate Investing for Financial Independence (and other stuff) — Page 9
http://mattbussey.com/page/9
College Student Home Buying Guide. April 30, 2013. AKA – How to buy a house as a college student. If you are in college and have bought a house or bought one while you were in college, I would LOVE to hear your story since I have never talked to anyone else that has done this. Please either comment at the end of this post or contact me. 2 Borrowed $5,000 from my parents and used $10,000 that I had saved up as a down payment. The sale price was $54,000 so the remaining $39,000 was on the land contract.
mattbussey.com
College Student Home Buying Guide
http://mattbussey.com/college-student-house-buying-guide
College Student Home Buying Guide. College Student Home Buying Guide. April 30, 2013. AKA – How to buy a house as a college student. If you are in college and have bought a house or bought one while you were in college, I would LOVE to hear your story since I have never talked to anyone else that has done this. Please either comment at the end of this post or contact me. So it’s possible. I’m not saying that “anyone can do” like those gurus out there would have you believe, or...All that said, here are d...
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Networking is just hanging out … most of the time
http://mattbussey.com/networking-hanging-out
Networking is just hanging out … most of the time. Networking is just hanging out … most of the time. February 1, 2015. Networking is so easy in college. In college, everyone seems constantly primed and ready to network. Thirsty Thursday anyone? There’s really no mystery to it. How do you apply this to your life now? Well … spend time with friends, do some volunteer work, and join a club or sport. Guess what? You can still do all of those things with a job! Comments… add one. Quickbooks Journal Entry ...
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Don’t Overthink It … Just Start by Buying One House
http://mattbussey.com/dont-overthink-it-just-start-by-buying-one-house
Don’t Overthink It … Just Start by Buying One House. Don’t Overthink It … Just Start by Buying One House. January 8, 2015. The sole purpose of this post is to demystify the concept of investing in real estate and give you a frame of reference for getting started on this path. Consider the following two points:. 1 According to the Census Bureau, 64.4% of American’s own their home. As of October 2014). So what does this mean to you as an aspiring real estate investor? My advice to you is to figure out what...
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Setting up a rental property in Quickbooks Online
http://mattbussey.com/rental-property-setup-quickbooks-online
Setting up a rental property in Quickbooks Online. Setting up a rental property in Quickbooks Online. February 1, 2015. The sole purpose of this post is to document the process by which I bring a new rental property into my accounting system, Quickbooks online. Create Your Asset Accounts (3 total). Set up rental property asset account in Quickbooks Online. Create your liability account. ASet up of debt account associated with rental property. Also remember, all the account that you just created are asset...
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