Karolina Powell
What would you pay for a 10 apartment + 3 commercial unit multifamily?
29 July 2024 | 11 replies
R&M (Building R&M, turnover, grounds & landscaping): T12, break out any non-recurring capital expenses / renovations that current owner has baked in.
Michael Plaks
GRAY area alert: deducting real estate education
30 July 2024 | 23 replies
Knowing of course that it is an IRS untaught method to their people who Audit return (of our SIC codes)-- An unknown fish so to speak that might cause them to simply redline it costing the customer big Bucks $$$$$$$$$ (and anxiety).The tax savings on a $30,000 write off should buy quite a few Mcdonald's cheeseburgers.
Melissa Faraias
Previous Tenants damaged rental, blocked Landlord - Please advise
25 July 2024 | 22 replies
Just think of all the grief, anxiety and pain they have put you through with this whole situation.
Don Konipol
What are New ‘Investors” Looking For When They Come to BP?
23 July 2024 | 12 replies
Those who act that way are (imo) far from being ready to handle the stress, anxiety, and occasional disappointment of the career real estate investor.
Justin R.
Share your operating/accounting/tracking software. Lets find something better!
24 July 2024 | 15 replies
They sent us reports from each of the systems on recurring basis so it just comes to my email when I need to review.
Matthew Banks
How to manage expenses across multiple properties, LLCs, partnerships, etc.
24 July 2024 | 11 replies
Setting up automatic payments for recurring expenses or using online bill pay services can help ensure that bills are paid on time and reduce the risk of missing payments.Overall, the key is to establish a consistent process for tracking and managing expenses for each property/entity to effectively manage your funds and ensure that expenses are properly allocated.
Ryan Klein
Reasonable Goal? $3000 cash flow in five years
26 July 2024 | 37 replies
I know plenty of investors who say when recurring capital improvements are taken into account, cash flow is pretty paltry.
Leeling Chew
Vacating a Noisy Tenant in a Rent By Room Situation
22 July 2024 | 5 replies
He would say she has mental disorders and anxiety issues in the group chat.
Account Closed
How to get to $30k/month if you were me?
23 July 2024 | 42 replies
My guess is your development (not including infrastructure and non recurring costs) even in your large volume is over $450k but I have less clue as to how much is structural (issue with me doing rehabs and not development).
Gino Barbaro
Where Do You Think People Fail When Not Achieving Financial Freedom?
22 July 2024 | 71 replies
@Jessie Reddtwo recurring themes are delayed gratification and who you surround yourself with.For me, it was definitely the people I was surrounding myself with.