Mario Morales
I need to show 6k in profit on my 2022 tax returns, how do I go about it?
I need to cash out refi this year, to pay down some hard money loans, my DTI took a beating. My lender wants to see 6k of profit between 3 properties. I asked my CPA, his reply below.Can you define “profit”? Is that t...
Weina Shi
Self Storage Kiosks and Payment Processing (ACH & CC Options)
Hi fellow investors,
What are some of the best options for rental kiosks and payment processing systems (ACH & CC)? Can you pass on the credit and payment processing fees to tenants?
Thanks.
Dave DeMink
How to pay investors in 1st few months of value-add syndication?
Hello, BP community -
First-time poster here, and appreciate your guidance on the below question.I am curious about how we should be thinking about paying investors during the first few months of a value-add syndica...
Kevin Turk
Long / Longer term lease for tenants / rate increases
Hi everyone, thank you for taking the time to read my post and providing your recommendations.I am currently house hacking in Philadelphia and have a beautiful 2 bed 2.5 bath that I'm renting out. The tenants are payi...
Bobby English
Gas or electric oven/stove for a flip
We are flipping a house and trying to decide whether to put in a gas or electric stove. Do either provide a better return or selling point?Thanks!
Andrew Liu
HELOC or CO Re-Fi or Loan Shark?
Hi guys!
I've paid off my home that is now worth $530K - I want to use the equity I've accumulated to purchase an investment property (multi-family or small apartment in the LA area).
1. What is the best way I can...
Erick Garske
Adapting QB 2015 to Property Management, HUD1, Closing Statements
I would like some feedback on what Property Managers and Investors use to track their financials.Over this weekend, I have talked to a couple of accountants with property management experience. One accountant preferre...
Dave A.
Feedback on numbers for 8 unit CT multi-family?
Hi All,After a couple years of research, I'm finally comfortable that I've found my preferred niche' in commercial multi-family and I'm ready to make my first purchase. Big problem: no multi-family in my area and low ...
Maria D'Aura
Say you had $400K to invest for cashflow. Where/what do you buy?
I'm ready to make another purchase. I'm looking primarily for longterm cashflow. I'm in California, but open to out of state investing. I've been looking at my options in California, southern washington state, and St....
James Tiu
Portfolio loans and private non-recourse loans
Hello BP!I will be refinancing a duplex in San Diego. The loan balance is at $420k. The appraisal value in 2018 was $650k. I would like to purchase another property in San Diego with my brother-in-law. With 43% DTI, w...