There are two schools of thought when it comes to tiling the bathroom or kitchen. One camp says that the wall and floor tiles should complement each other but should not match because matching floor and wall tiles mak...
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The Capital Raising ChecklistThank you to everyone who chimed in on the previous thread “What is your best piece of advice for raising capital” to discuss their best piece of advice on raising capital. As I look over...
I am in the process of buying a house for my parents who will not be paying me any rental income, I will be making all payments. I will own the property and have been approved for an investment property mortgage. Beca...
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Hey BP,Does anyone have any suggestions for setting up a banking account for an LLC? I'm not looking for bank names necessarily, but more of suggestions for things you wish you would have known or done when you start...
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I have been creating a plan for my first property. Tell me if I'm crazy or rational. I want to cap out an FHA loan on a 4-unit in my county (which is $900,000). I plan on saving up 3.5% of that in the next year, which...
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Thanks for reading and hopefully you can provide some answers. Ok...here we go,
1) Does a GP that is involved in a syndication have to be an accredited investor?
2) Can you utilize DSCR for apartments as a means of ...
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I bought my first small multifamily BRRRR deal in January of 2019 and started collecting rent for it in October of 2019. I am assuming now that I own a property, it would be wise for me to get a CPA because I have hea...
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Once you get settled into your rental property, I assume it's important to document everything and stay super organize. What's your approach to recording monthly income, expenses, etc.? Is Microsoft Excel too simple? ...
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Since today is the deadline to file 1099s with the IRS for all contract workers, I thought I'd share a simple "best practice" for getting the paperwork done.Print out a short stack of W9 forms to keep in your car or b...
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So this our first deal and we just found out today our offer was accepted! We are in Green Bay, Wisconsin and put an offer in on a duplex on Friday. We found out today it was accepted! Here are the numbers:Orig Listed...