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Category: HOW TO VIDEOS

ARMs – Adjustable Rate Mortgages from A to Z

Posted on October 30, 2019April 12, 2022 By Mike Butler

18 min video

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HOW TO VIDEOS, INVESTOR BOOKS, ARMs Adjustable Rate Mortgages

How to Enter Cash Purchase Using a Silent Private Lender

Posted on August 6, 2019April 12, 2022 By Mike Butler
QUESTION from Stacey:
 
Hi Mike,
 
I've watched every video that I have access to, but I am still unclear on how to put in my private loan balances. 
 
For example, I purchased a property last year. I borrowed money from a private lender, account and then paid cash at closing. 
 
I entered the closing statement as a check.
 
Where do I enter the $50,000 loan I'm paying on every month? (I memorized a check I can send every month, but I don't know where to put the balance of the loan.)
 
If I could have help with one of these properties, 
then I am hopeful  I could input the rest of them correctly. 
 
Please advise! Thanks!
 
Stacey
 
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HOW TO VIDEOS, INVESTOR BOOKS, Borrow Money, Closing Statements, Memorized Transactions, Buying

QuickBooks Tax Time Documents – How To Go 100% Paperless as You Receive Important Tax Documents

Posted on January 10, 2019April 12, 2022 By wizard

QuickBooks Tax Time Documents

How To Go 100% Paperless as You Receive Important Tax Documents
then simply email your QuickBooks Pro file to your CPA.

 The Only Complete System for Real Estate using QuickBooks Pro

49 min video

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HOW TO VIDEOS, YEAR END STUFF TO DO, Year End

How to Create Print Monthly Statements

Posted on August 13, 2018March 15, 2022 By wizard

How to Create - Print or Email Statements to Your Tenants or Loan Customers

  1. Make sure Your Printer is SET UP Properly for Statements
  2. CLICK On Create Statements SPEED BUTTON
  3. Select the Proper Date Range
  4. Select WHO will get your STATEMENTS
  5. From the DROP DOWN LIST, Select MONTHLY STATEMENTS
  6. UNCHECK the Box PRINT DUE DATE
  7. ALWAYS Click PRINT PREVIEW Before clicking Print

2 minute video

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HOW TO VIDEOS, TENANT TRACKING, Existing Tenants, Statements

How To Handle Two or More Tax Returns in Your Investor Books Pro Company File (Multiple Entities)

Posted on August 14, 2017April 14, 2022 By Mike Butler

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HOW TO VIDEOS, INVESTOR BOOKS, Multiple Entities

How to Properly Enter Buying Real Estate with Seller Financing

Posted on August 4, 2017April 12, 2022 By Mike Butler

19 min video

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HOW TO VIDEOS, INVESTOR BOOKS, Borrow Money, Buying

Earnest Money Paid To You When Selling a Property

Posted on June 24, 2017April 12, 2022 By Mike Butler

How to Properly Enter
a $2,000 Earnest Money Check Paid to You

QUESTION from Chuck: 

Hey Mike,

I am doing a wholesale deal. I will be doing a double close on it.
I received a $2,000 non-refundable deposit (EM but paid directly to me).

How do I enter a transaction like this. I tried to look it up on the videos but the link is broken. Thanks for the help

I tried to look it up on the videos but could not find this one.

Thanks for the help
Chuck C

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HOW TO VIDEOS, INVESTOR BOOKS, Closing Statements, Earnest Money, Escrow Accounts, Selling

Refinance including Cash Out ReFi’s

Posted on March 17, 2017April 12, 2022 By Mike Butler

18 min video

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HOW TO VIDEOS, INVESTOR BOOKS, Borrow Money, ReFinance

How To Remove DUE DATE when Creating Statements in Tenant Tracking

Posted on February 21, 2017April 12, 2022 By wizard

Question from Marietta Grimes:

Mike, when I am creating statements, a DUE DATE appears in the description area on every statement charge. How Do I Remove This?  

Thanks
Marietta

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HOW TO VIDEOS, TENANT TRACKING, Existing Tenants, Statements

Year End Escrow Analysis of Your Money Held by Lender

Posted on January 9, 2017April 12, 2022 By Mike Butler

Year End Escrow Analysis

Your money held by lender to pay property taxes, insurance, and/or HOA fees
also includes changing your monthly payment if needed

4 min video

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HOW TO VIDEOS, INVESTOR BOOKS, Escrow Accounts, YEAR END STUFF TO DO, Year End

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Library

  • GETTING STARTED (3)
    • Why 2 Company Files (1)
    • What is Investor Books Pro? (1)
    • What is Tenant Tracking? (1)
  • REGISTERED USERS ONLY (14)
    • STEP 1 – "Post Office Method" Accounting Training (1)
    • STEP 2 – Investor Books Pro System (1)
    • STEP 3 – Fast Start Guide (2)
    • STEP 4 – Setting Auto BackUps (2)
    • STEP 5 – Multiple Users (1)
    • STEP 6 – Multiple Entities Partnership (1)
    • STEP 7 – Entering Old Transactions (2)
    • STEP 8 – Speed Buttons (2)
  • HOW TO VIDEOS (53)
  • INVESTOR BOOKS (56)
    • Auto-Billing (1)
    • Bad Checks (1)
    • Borrow Money (7)
    • Capitalized (3)
    • Closing Statements (17)
      • ARMs Adjustable Rate Mortgages (1)
      • Buying (9)
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      • ReFinance (1)
      • 1031 Tax Deferred Exchange (1)
    • Depreciation (1)
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    • Repairs (4)
    • Tax Updates (8)
    • Troubleshoot (5)
    • Vendors (1)
  • TENANT TRACKING (24)
    • Getting Started (4)
    • New Tenants (6)
      • Section 8 (2)
    • Existing Tenants (12)
      • Work Orders (3)
      • Statements (2)
      • Late Charges (4)
      • Move Out (4)
      • Discounts (1)
    • Collections (1)
    • Auto-Billing (1)
    • QB Upgrade (1)
  • OTHERS (5)
    • Free (2)
    • Tools (2)
    • Reviews (1)
  • YEAR END STUFF TO DO (8)
    • Year End (6)
  • UPDATES (1)

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