Walter Holmes
What is the biggest difficulty in finding deals Florida auctions
My thoughts not in any particular order:1. Monopoly of "hedge funds" big investors buying the bulk of properties at a lower profit margin.2. Not so good investors making stupid investments.3. The raise on property val...
Justin Foster
How should I outsource bookkeeping?
I'm looking for advice on how to best outsource bookkeeping for a rental portfolio of 15 - 20 SFR and small MFH units. Here's some background. 1) I suck at bookkeeping. I'm in the process of getting everything cau...
Austin Petrie
Why Is FMRR Never Talked About?
Hey BP,So I'm reading through What Every Real Estate Investor Needs to Know About Cash Flow, and just came across FMRR (Financial Management Rate of Return). From what I understand from the book and some further diggi...
Ryan P
Seeking Advice on deal
I have come across a property that I am going to see Wednesday night. Here's what I know so far: The property is in an area where similiar homes are selling between $60K - $75K. The home is currently not occupied b...
Joe S.
How accurate is an airDND report?
How accurate is an airDND report? I have an Airbnb report run on a property that I was considering fir a short term rental. Once I backed out mortgage, taxes, insurance, lawn care Internet, etc it didn’t really show...
Andrew Yu
Bookkeeping after Buyer Return My Seller Finance Property
I sold a property a few months ago via seller finance. The buyer is backing out due to family emergency. How should I do the bookkeeping on it? My contract says in case of default, all the moneys paid will be treated ...
Jeff V.
Showing Equity on Balance Sheet BRRR Strategy
This question is to those accounting/bookkeepers out there.Lets say I purchase a property for 30k and put another 30k in repairs/holding costs for an all in cost of 60k. The property is now worth 110k and I'll be hol...
Account Closed
Questions on Real Estate Tax Strategy or Investing
As a specialized real estate CPA, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your rental property deductions and han...
Jake LaRoche
Just looking to get a round about for how much i would qualify for a mortgage.
with my income of 100,000, a score of 720-730 and no debt (other than a car loan of 30k) , what could i even qualify for using the new 5% conventional loan (upstate New York)
Estee Capland
AirDNA, awning, mashvisor?
Can anyone here tell me if they used any of these to purchase their STR property and if so which one was most helpful/accurate? thanks!