Ben Sturgill
Financial tracking software or spreadsheet
7 December 2024 | 6 replies
Quickbooks online could work for what you need.
Lisa Eisenhauer
Need a bank that will set up a checking account for an LLC owned by a Roth IRA
13 December 2024 | 16 replies
Their new online system is really confusing, and I have had to call customer support for help each time I needed to wire/ACH funds because I could never figure it out on my own (and their customer service chat box isn't set up yet).
Jennifer Fernéz
Let's say you have $80K in your savings account...
19 December 2024 | 82 replies
The property would be in a C+ to B- type location, with cash flow as the main objective and appreciation second (75/25 split).
John Williams
short term rental or longterm for more cash?
16 December 2024 | 14 replies
I don't care what anyone online says if you live there and have tenants at your home it will be a job.
Sidra Amir
My boat on the pea gravel area and tenant is complaining.
5 December 2024 | 11 replies
Based off the information you provided, it sounds like there's no issue from your end.In the future, you may want to include something in the lease agreement that outlines objects that may be stored on premise.
Silas Melson
Estimating Rehab Costs
14 December 2024 | 15 replies
A good tip is to reach out to contractors, visit local supply stores, and check out online resources for cost ranges.
Mary Lopez
How to find a Commercial Multifamily Loan <$1M
12 December 2024 | 37 replies
When I did an online search for commercial multifamily lenders, most have a minimum lending requirement of $1M and I don't need that much.
Mike Sfera
Expense Estimate Resources
8 December 2024 | 1 reply
Are there any good resources online to be able to get an idea of average monthly/yearly expenses like utilities, etc. for a given zip or city?
Shawn Nofziger
Foreclosure auctions? Good or bad?
7 December 2024 | 5 replies
The forelcosure auctions in my home State of Florida are all online.
Tim Holt
House Hacking in Rhode Island
10 December 2024 | 6 replies
The only way to answer that in general (whether house hacking in today's market is still a good option) or for a particular property, is to learn how to run the numbers and analyze a specific property to see whether it will be able to stand on its own as an investment when you move out someday.There are a lot of resources here on BP for doing that but I'd just say, make sure the assumptions you're putting into your spreadsheet or deal analyzer are realistic.Make sure the rents (especially for vacant units or pro-forma #s) are realistic by doing your own rent comps; make sure the mortgage rate is realistic by doing some research online and/or talking to some mortgage folks; make sure insurance #s are realistic by getting a couple of quotes for the # of units and zip code / area you're looking in; etc.I hope that helps, and good luck 😊