
4 October 2024 | 33 replies
How much did it cost to buy into the deal (down payment, closing costs, etc)?

3 October 2024 | 26 replies
On top of this, many homes in the Denver area do not cash flow well due to rising property costs.

2 October 2024 | 1 reply
There is also a mismatch on what he was paying for rent versus what he disclosed on his application (previous rent was lower).

1 October 2024 | 15 replies
This is separate from the tax treatment of the insurance proceeds.Your CPA's suggestion of not doing a partial disposition and instead offsetting the insurance proceeds with the cost of the new roof might be less favorable in terms of tax planning.

5 October 2024 | 6 replies
Even though we do run credit and background, I refer to us as private money lenders rather than hard money lenders based primarily on the cost of capital.

6 October 2024 | 1 reply
Partner 2, providing repair and renovation skills, can be compensated either through being paid for their work or through a similar equity split, around 20-30%, while still reflecting the value of their expertise and labor.Partner 3, who brings the capital, usually covers down payments and renovation costs, which justifies them receiving a larger share of the profits, often in the range of 40-50%.

1 October 2024 | 12 replies
Hi All,I've recently acquired a few properties and have started using Stessa (since I get it for free with a BP Pro membership) for bookkeeping.

7 October 2024 | 5 replies
@Lance Turner recommend designing what you ultimately want it to be and then work backwards to create reasonable Phases to get it there.How much will insurance cost for all the different uses?

9 October 2024 | 39 replies
My go/no-go was break even (net 0 cash flow) under the following assumptions: 50% occupied at market rent (based on comparable properties) including 15% of gross rents to maintenance/cap-ex (at 100% occupancy) and utility costs.

30 September 2024 | 2 replies
Hi BP Family,I am looking to replace a 17 year old AC system in a 1200 sqft townhome in the Kansas City area and I was wondering how much that might cost.