Hello,I'm in the process of purchasing a SFH in Memphis but my numbers are calculating an annual loss of almost $1,600/year.  Is this a poor investment or am I over estimating expenses?  Context: This is a SFH built i...

I am shopping for the right accounting software, have read all the posts on BP related to it and have PM'ed a few members.  I am using 3rd party management (they use AppFolio); so, my needs are pretty basic and do not...

Which company do you use for self directed IRA? I found there are quite a variety of them. From charging a flare fee then transaction fees for every check, wire transfer, annual tax reporting etc. Thanks for your advi...

Hello, I am purchasing my first creative deal and we have negotiated terms for the seller to carry financing on a  short term balloon structure to give us enough time to either flip the property or refi. The seller ha...

We are a construction/flipping company on the east coast Virginia area.  (Currently averaging 40-50 deals a year). I know, everyone says that they are flipping that many a year, however for the sake of the question le...

I've Learned a ton about accounting lately, but I just can't seem to figure out depreciation.I bought a rental property for $25,000 in 2012. I was paying back $500/ month at 4% interest to a private investor. I sold t...

What millage rate and or calculation do you use to underwrite taxes on a new property in Boston. Are Boston properties reassessed on new purchase value?

Thanks !!

Hello guys, I am young entrepreneur with zero experience in the real estate business. I have been in the eCommerce business for 2 years just stacking and saving all of my profits and I have $100,000 to invest. I just ...

Hi All. I've only posted a few times as I've been trying to "simulate" deals as I find them - but haven't jumped on anything yet.I originally considered condos but they are out of the question now due to HOA irregular...

Next week I will be meeting with the owner of a property management company in my area.  I've been trying to find compatibles to value the company, but I am falling a bit short.  I've talk to another property manager ...