Katie Bond
BRRRR Chart of Accounts?
2 September 2017 | 2 replies
I just purchased my first BRRRR and I'm realizing that I need to expand my COA beyond what I have for property management. I'm working in Quickbooks. Can anyone help? Thanks!
Steve Logan
Tankless Water Heaters
23 September 2017 | 24 replies
There is a gas sizing chart you can refer to.
Liz Boer
First Rental Property Purchase San Diego or Out of State
11 September 2017 | 15 replies
I live in Ventura County, and our area echos yours precisely.
Account Closed
Thoughts on Multi-family RE Market? 2017 vs 2016
6 September 2017 | 1 reply
This data only includes the 19 small to mid size cities and towns I am interested having investments in.2016 Multi-Family Sales2 Unit Apartment Buildings in my Farm took a dive last year, would have been a good time to buy a 2 unit building but I opted for a 3 unit with better cash flow.59 (2)unit properties soldRed line is the sale price, Blue line is the list priceThe average sale price for the year was close to $65,000The average Discount from list price averaged $9,000Only 10 of the sold properties were purchased at list price or abovePrice per unit was a whopping average of $28,6543 Unit Apartment buildings in my Farm did a little better on price the building I purchased was the last 3 unit in December in 2016 at a 10% discount from the list price and about 11k below market rate at that time.13 (3)unit Buildings soldRed line is sales and the blue line is discount from list price.The average sale price for the year was close to $83,000The average discount from list price was $9,000Only 1 building was purchased at 5k above list priceThe average price per unit was $27,4872017 Multi-Family Sales2 Unit apartment buildings in my farm this year are not suffering as much of a hit to price this year although the average price has continued to drop but only slightly.62 (2)unit Buildings soldRed line is sales and the blue line is discount from list price.The average sale price so far is $58,000The average discount from list price so far is $7,1417 Buildings have sold above list priceThe average price per unit was $30,0003 Unit apartment buildings 201710 (3)unit Building soldRed line is sales and the blue line is discount from list price.The average sale price so far is $75,000The average discount from list price so far is $8,7231 building has sold at list priceThe average price per unit is $25,175SynopsisAlthough there are some minor fluctuations in the NEPA Multi-family market the next chart shows all Multi-Family sales year over year which shows the relative stability of the market.
Michael Ndjondo makadi
Can trip expenses to go buy a first house be tax deductible?
9 September 2017 | 20 replies
Here's a handy timeline chart that I used yesterday in a post to show where an expense should be allocated depending on where you are in the process.There are a few other caveats regarding business trip deductions and start up expenses that you will want to talk to your tax professional about as well.
Account Closed
Using an ICO for buying real estate or seed capital
17 November 2018 | 11 replies
When looking at the charts.
Anshu Sanghi
Retain SFH or sell and invest somewhere else for higher return
11 September 2017 | 6 replies
Per the chart below, we typically have a huge run up every decade.
Levi T.
Towing Tenant Vehicles When Rent Is Late
21 September 2017 | 123 replies
I literally charted real property remedies for default in leases in every state.
Joe Moore
Vinyl Flooring Tile Installer and Locksmith needed in Memphis
13 September 2017 | 5 replies
Russ Casper @ Precision Flooring
Stefano Gasperini
Investor and Agent Relationship
13 September 2017 | 11 replies
Be diligent, be precise, and work as quickly as your time allows.