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Hello all, So this is the first property I'm attempting to analyze. I'm nervous about falling into analysis paralysis and missing out on a good opportunity. I would greatly appreciate some experienced opinions o...
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Asking the forum to share their favorite Rental Property/Landlord Checklist:
I'll start:
New Tenant Move In Checklist: All these items occur after the showing and before they get keys.
Signed...
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Hey BP!
I was looking to purchase a flip potential in Baltimore for about $80k and it’s ARV is about $210k
What do y’all fill out in the Purchasing Cost Breakdown? Do you have a rule of thumb that always works?
Title ...
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Hey BP,My father has agreed with being on board with helping me purchase my first rental property. At this time, it seems like he is only comfortable with putting down $20,000 on this investment.We plan on finding a p...
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Howdy to all the BP folks from Austin, TX! I have a few questions related to Rental Forms, Tenant Screening, Automatic Online Payments (site recommendations and setup), Utility payments, so here they are:1) Can someon...
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I am reading a book by a well-known author right now and he has some disparaging remarks for yield measurements for real estate investing. I tend to agree with him given that most real estate activities carry a huge ...
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If my single-member LLC bought a property in 2014, but was not placed up for rental until 2015; so there is no income or expenses (other than capitalized expenses). Do I need to add the property on my Schedule E? It...
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Hello, my partner and I are currently working on our first wholesale deal and I was wondering if anyone would be willing to share what contracts you use for your own deals. Or would be willing to give us some tips on ...
Hi, everybody.I have no idea how to go about this. I'm thinking of buying some cheap property that meets a few specific requirments. I don't really care about the location or even the value. I guess my question is: Ho...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $650,000
Cash invested: $40,000
4 unit multi family house. Main house is two stories with 3 units, fourth un...