Andrew C.
what do you use to track FixedAssets for depreciation/amortization?
I'm using Quickbooks to track overall finances. So I have a FixedAssets account in the chart of accounts, but that's not really usable for tracking the per-item depreciation...there's no entry for when it was placed i...
David Martoyan
Making BRRRR truly work in 2024
For those focused on the BRRRR strategy, I’d love to hear about how you’re adapting to current market conditions. With rising interest rates and fluctuating property values, what strategies are you using to find deals...
Raheem Mcmillan
Starting Real Estat Journey
My wife just recently passed the real estate exam. It has been a dream of ours to own rental properties. I am currently a full-term student, majoring in business management. I started a real estate business with the f...
Account Closed
Does Insulation Add Equity?
Hey BP. I am the owner of a 3 family building in the Greater Boston Area. I bought the building in June and will be looking to do a cash out refinance as soon as I can to extract the ~45k I put into it and dump it in...
Rashad Luckett
Buy/Hold #7 is Complete
Check it out.......https://docs.google.com/document/d/1sznc5WkhNhsl7Y...Purchase: 67k Rehab: 33k Rent: 1125/mth
BRRRR: Refi with commercial LOC @ 85%LTV, Appraisal came in at 130kOn to the next one.....
Jessica G.
Getting paid for birddogging
How do you make sure you get paid for finding a property for someone? I am mostly going to be wholesaling so I get that, but I'm thinking about driving around looking for vacant properties during my lunch break, which...
Fred Ramos
How buy a FSBO??
Hi all.My wife and I have managed to buy a few investment properties but they all have been through a realtor. Our dilemna now is that we have found a magnificent deal but it is a For Sale By Owner. Since we haven't p...
N/A N/A
Minimum monthly profit
What is the minimum monthly profit you look for in a rental property?
I am looking for $400 a month on a duplex, is that reasonable?
What other ways can you benifit from a rental property?
Peter Turner
Is Renting primary residence a good decision at $400 cash flow and sell before 3yrs?
Hello guys,
I am trying to figure out if Renting out my primary home of 10yrs is a good decision or not at a $400 positive cash flow.
The home has a mtg of $600 and rent for the tenant in mind will be ...
Jeff J.
getting rid of the smoke smell?
I have an apartment that was completely painted and a new carpet put in a year ago. The tenant is moving out and was a HEAVY smoker. I will be washing the carpet but can I get the smell out of the apartment wit...