I officially started using quickbooks to help organize my accounting.  I wanted to share with you how I set it up, and was looking for feedback on how others may organize/account themselves.1. I added my business bank...

I bought a 2 family the end of 2012 and have now completed my first year as a landlord. My accountant recently provided me with my Schedule E tax return for 2013 and I was surprised to see that my taxable income i...

Hey BP.I was wondering is there a way I can refinance 2 properties that I have which are both free and clear WITHOUT a job. I looked into a hard money loan which based off an individuals' assets in total and it is a 3...

Help me with my first purchase. This is where I feel comfortable is purchasing a condo on the beach as an investment and something to enjoy. Let me know what you think I should do. It has been on the market for 6 w...

HI BP -I'm wondering if there are any local REI professionals that purchase from live auctions, Auction.com, or any other sites?  I'd love to learn a little more about how it works in real time.Thanks!

I am just starting out and doing research on to hopefully become more familiar with the ins and outs of rental property in my area in eastern NC. One question I did have that I find very relevant and a big determinant...

Say I have this example

Rental Property: $100,000

Loan Amount: $75,000

Loan Rate: 5%

Years: 30 Year Amortized

Monthly Payment amount: $402.62

LTV ratio: 75%

My money is bei...

What's the best formula for finding a positive cash flow on a deal ?

Hello BP, I have a headache from trying to figure this out. So last year mid summer I sold one of my town homes, it was fully paid off so I ended up getting some cash around 95k. The money sat in my bank for a while (...

Hey guys,I'm not a newbie anymore! I have 3 investment properties and I am looking to expand in small apartment buildings. I have been doing my research I wanted to tap the community about non conventional financing i...