There are often discussions here regarding the "50% rule" for investors. I believe it is a good, conservative rule of thumb. As others have mentioned, though, there are variables in expenses in different parts of th...
I am using quicken for real estate to handle all my finances. I am buying my first property, and am trying to categorize all the expenses. So here is how I understand it.
The down payment can not be written off.
All o...
Hi, all. First, apologies if this is the wrong place to put this question--my buying a place hinges on it, so I hope this is the right place to post.Anyway, total noob question. A lot of you are probably familiar with...
Hello out there in BPland! I would be grateful for any thoughts on this potential deal. It is my first and I'm nervous because it looks pretty good to me, so I must be screwing something up! I have a deal in contract ...
Hi BP,Had an interesting convo with someone the other day debating the Solo 401k option for self employed individuals or taking the annual tax hit but keeping your cash more liquid to actually purchase rental real est...
Hi all -
I am a rookie real estate investor who purcahsed her first two rentals this year. The rentals have been great and the cash flow is awesome. However, I REALLY want to get into fix and flips.
I've had my ey...
Hi All,My first post here, but been lurking for a while. Scott Trench's "Set for Life" inspired my current situation. I'm interested in getting into real estate investment because I suspect it might be the fastest...
Currently obtaining permitting to develop a portion of my 3 acre commercial property into a 14-space park model RV park. I own all 14 park models and want to cater to either short term (one week) or longer term (one ...
Was just pondering this idea, which I think may be a real thing for myself and probably has been for you guys as well.When you buy a rentable place for B&H, that has the basic necessities but is overall older. Do ...