Hi all. I’m under contract for the purchase of a 6 unit apartment. I want to add a partner to it since he’s getting the financing. There are no realtors involved. I’ve been working directly with the seller. How do I g...

So I have learned quite a bit on analyzing rentals from a cash flow and risk standpoint, but when it comes to operations I am less sure how to operate.  How do you 'pay' yourself the income, how much and where do you ...

Quick question:  Do you prefer to pay taxes and insurance yourself or through an escrow account? (...and why?)We have all of our properties set up with mortgages and escrow accounts.  Lately, we have had issues.  Betw...

Hello All, I will be in a very good spot to being building my buy and hold strategy in the next few months and I am curious as to what everyone sees as the appropriate amount to have in reserves when buying your first...

Hi BP Community -I'm starting to build out my real estate team and currently looking for a RE Tax Accountant, however, I am not too familiar with how to distinguish what to look for in them. Are there any guides or ju...

In order to make payment easier, I am considering giving the bank account number so that deposits can be made directly. Is there any RISK in giving them the account number? Do you use a separate account just for depos...

What CoC returns do you typically see as an investor who puts money into a syndication deal for apartments? (As a passive investor, not the person who puts the deal together).How does it compare to investing in your o...

I live in Henderson Nv and have an IRA I inherited from my deceased mother, and would like to form a checkbook control self directed IRA/LLC for the purposes of purchasing an absentee owned business and have chosen Pr...

Hello BP Multi-Family Peers,Quite a few books ago I read @JoeFairless "The Best Ever Apartment Syndication Book". Fabulous book with step-by-step checklists and procedures to create a syndication business from the gro...

Hey there,I'm getting ready to list my very first rental property next month. As of now I don't think I'm going to hire a property manager since it's just one property so I've been looking into software to streamline ...