Hello,I recently closed on a BFD deal and looking for direction on correctly setting up journal entries, to make it easy at tax time.In a nutshell...We hold a mortgage on the property with a principal of $150k, 4.25%, 30yr amort (liability)The BFD sale price was $300k, with a $45 downpayment, $255k financed at 5.5%, 25yr amort, 3yr balloon (asset).All transactions are run through an escrow agent, and we just collect the net difference monthly (~$325 or so).   

Hey all, this post is for anyone with some open weekdays who is also looking for better/updated photography for their short term rental (also some bonus tips on partner cross-marketing).Partner with influencers (find them on FB and Instagram or I can help you find a few) by offering them a stay during the quieter mid-week time in exchange for professional content and posts from them.

It could save you the trouble of finding a new tenant and dealing with vacancies.

deal flow  getting deals good enough leave enough forced equity to get your cash back at refi pretty simple concept.2. cracker jack rehab crews that can get these turn overs done in time and on budget.3.

It's a fast read and gives some great tips and checklists for setting up and operating your MTR. 

With media giving Florida condos a bad rap right now it can mean finding the best deal in 5 yrs on one. 

Ok, so here are a few more deals I found.

@Luka Milicevic makes an excellent point: the Greater Nashville area is tough on rookie investors because housing prices are too high, rents are too low, and it’s hard to find deals that pencil out.If you’re open to investing in areas outside (but still close to) Nashville, I’d suggest checking out Chattanooga.

Figure out the appropriate price point and you can determine which deal makes more sense to you.

Hi everyone I’m new to investing and wanted to get some tips and share as well.