Hi guys- I’ve got two mulit’s (9 units total) but am struggling on the bookkeeping side. Id appreciate any guidance on how to affordably proceed. I’ve got my CPA doing my bookkeeping, but she’s frustrated with how messy things are- I did switch PM’s this year and my original PM had terrible books...
Hi all, I’m 24 and I have pretty limited capital to get in the game. Ideally I’d want a duplex, and I hear almost exclusively of people talking about single or multi-family properties. I’m a bit nervous to buy out-of-state in an area where I don’t have any personal contacts (I’m located in south ...
Good Morning, My name is Chris Villanueva and I am a real estate agent that is making a transition out of education. I am looking to build my network out here. I am originally from the Abilene area and have lived out in Central Texas for a couple of years. I am looking to help some local investor...
A property can look attractive on paper, but what happens when property taxes increase, insurance premiums jump, or an unexpected repair wipes out several months of cash flow? Im curious how investors account for those realities before buying. Do you prioritize: * Strong cash flow from day one? *...
If you own a Houston rental from out of state, Texas eviction rules changed for cases filed since January 1, 2026 (SB 38). What belongs in your lease and your underwriting: 1) Trials must be held within 21 days of filing, in JP and county court. An appeal to county court must be heard within 21 d...
Just this afternoon, I was having a discussion with a colleague about how investors decide when a property is no longer worth pursuing. Sometimes the purchase price looks attractive, the location seems promising, and the numbers work on paper. But once you factor in repairs, financing, insurance,...
Freddie Mac's Primary Mortgage Market Survey put the 30-year fixed at 7.18% for the week of Nov 5, 2026, the third straight weekly drop (it was 7.24% the week before). That is still about a point above a year ago. Source: freddiemac.com/pmms On value-add 1-4 unit buys I treat a rate dip as a lock...
I’m in Cincinnati and walk vacant homes and between-tenant rentals for out-of-town owners. The biggest winter surprises I see are slow leaks, heat that quietly shut off, and doors that aren’t actually locked. For those of you with vacant units: how often do you have someone physically walk them i...
It’s always struck me as funny that in most transactions, the realtor picks the title company. Don’t get me wrong, we love our title reps. But think about who actually needs the most out of that relationship: it’s the buyer and the lender, not the realtor. You wouldn’t let your realtor choose you...
Hey all! My name is Jaimee and I work on growth at Nomad (we work with small landlords). Every month we pull Zillow's rental numbers for the same 67 markets, and Matt (our co-founder) used to share them here, so I'm picking that back up. Quick version, as of Nov 1: Avg days on market for houses: ...
Picture two houses on the same street in Northeast Ohio. One is listed at $75K. The other is $100K. The $75K house looks like the obvious win. Then you walk through it. It needs a roof, the furnace is on its last legs, and there’s a decent amount of work to do before a tenant could even step insi...
Here is the play I run over and over in Memphis, and the numbers are why it works. I buy single-family houses under $100K, usually a 2-bed, 1-bath. A 2BR rents for less and sits longer. A 3BR hits the Section 8 rent band and the 1% rule much easier. So I convert it. 2/1 to 3/1 is the main play. I...
On the Bench, most rehabs coming through our network now need mechanical, envelope, or structural work. Cosmetic only deals are rare. Margin killer one is over improving. A high end kitchen in a $430,000 ARV neighborhood doesn't pay you back. The comp set sets the price. Margin killer two is unde...
I am funding small single family and triplex projects in Boynton Beach FL. Seven projects in last three years, mostly renovations and BRRRR holds. Two things keep killing deals at the last minute for borrowers I talk to: Skip trace numbers that are disconnected. The owner moved two years ago. Ren...
Not every rental loss automatically reduces your overall tax bill. Your income, participation in the activity, and other tax rules can affect whether you can use those losses now or have to carry them forward. This is one area I see investors misunderstand quite often. Have you ever had a rental ...
Most investors I've talked to lately have been saying the same thing. The market feels pretty bad right now. Deals are harder to get across the finish line, buyers seem more hesitant, and a lot of opportunities just aren't moving the way they used to. I've also noticed quite a few loan deals fall...
I like to evaluate rental deals by asking what happens when one of the key assumptions is wrong. Positive cash flow in the base case is useful, but the downside case often tells you more about the property's resilience. Seven warning signs I think are worth testing: · Rent is above what current m...
Hi everyone! I'm looking to purchase my first rental property and would love some advice from experienced investors. I'm based in California but open to investing out of state. My maximum budget is $150K, although I'd prefer to spend less if I can find a property with good cash flow. My main goal...
December 2012, Packers vs. Titans. A kickoff comes up short and rolls toward the sideline near the Green Bay 4-yard line. Randall Cobb doesn't pick it up. He puts one foot out of bounds, reaches down and touches the ball. Flag. Packers ball on the 40. The rule: if any part of a player is out of b...
Mr. Whitmore had lived in the same house for twenty-three years when he decided to become a real estate investor. Until then, he had merely owned the house, which he now understood was quite different. He began reading market reports, listening to financial podcasts, and studying charts. After si...
Can we get a DSCR loan with fair credit score?
November question for the buy and hold guys — I’m in Delray Beach, 33446 - Monarch Lakes townhouses mainly. I have one that can close mid-Nov - $242k + about $60k rehab, ARV around $420k, rent $2100 low end comps. Rehab done in Jan. My CPA says if I close in Nov and place in service before Dec 31...
Most wholesalers send me the same thing: an address, an asking price, and "great deal, won't last." I've got 10 minutes to decide. Here's the exact screen I run: 1. ZIP first. If it's not one of my 9 Memphis ZIPs — 38109, 38111, 38112, 38114, 38116, 38117, 38118, 38122, 38128 — I'm done in 30 sec...
Most of us joined BiggerPockets for the same reason. We're high achievers, or we're working to become one. We read the forums, join mastermind groups, and surround ourselves with people who are further down the road, because that's how you get better. Somewhere along the way, though, a lot of inv...
Genuine question for anyone running more than one flip, wholesale deal, or project right now: do you actually know which one made you the most money this year, or is that something you'd have to dig for? CPA who works specifically with active real estate businesses doing $300K+ a year or about $2...