I've recently purchased a four unit with the intention of living in one of the units and renovating it (and the rest of the house), but I only plan on living there for a year or so (I have another house I'll use as a ...

I’m ignorant when it comes to accounting…Does anyone have a P&L template that’s best for a strictly wholesaling entity to present to third parties accustomed to reading P&L statements? I see the P&L te...

This may seem like a very basic question: we are trying to figure out what the set-aside vacancy rate expense that is on the BP calculator and that investors seem to use even covers? Is it solely to cover mortgage pay...

I am retiring from the military and currently have my home on the market north of Seattle for $775k.  Based on the estimated prices we have $300k in equity right now. The market for our range of home has just about co...

I've debating in my mind if I should consider the mortgage payment in my expenses when determining profitability. Only the interest is truly an expense but a mortgage payment certainly impacts cash flow. How do you de...

BP,So I'm trying to break down these deals in the "Rental Property" calculator and it's asking me for things that I can't really answer. For instance, how do you know what the electric bill is going to look like? Insu...

Hey Everyone,I'm just starting to analyze deals and have never bought a property before so this is brand new to me. How specific do I need to be when I am estimating expenses for deal analysis? For example, do you guy...

I don't have much experience with fires.  A California property had a stove fire that ruined the microwave above and damaged some cabinetry.  What I'm really worried about is that they have a child with respiratory is...

Looking for an easy way to start tracking expenses. Thanks!

I formed an LLC for a home building business in 2022. It took a while to get things lined up but I'm finally getting the ball rolling here at the end of 2023. I just closed on a vacant lot, and am starting to get thin...