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...
Accounting dummy here. Not that it's any excuse, but as a young guy with very few expenses I haven't felt the impetus to keep track of my personal finances in any way other than the resources provided through my onli...
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Hi allBeen a while I posted on here. Life.A deal I've been working on for close to 3 months is suddenly falling apart and I am in 'desperate' need of a hard money lender that operates in the Chicago area.The property...
Ok all, I got the photos back on my Toledo property purchase and my heart sank. I now know for sure my move wasn't gutsy it was stupid with a capital S. What really bites me is that I believe the investor who sold m...
Hello BP members, I have learned so much from reading here-Thanks to all who post & share!!!I completed my first flip and sold in Dec last year, approx 30% profit, held for exactly 1 year due to 2 deals falling t...
I've been ruminating over the low rate environment recently and whether to refi one or more of my long-term rentals, but I just struggled visualizing the full gamut of financial impacts, e.g. loan cost inefficiency, 3...
There are ebbs and flows in every real estate investing journey, but not every home renovation project results in a six-figure loss! Fortunately, today’s guests learned one very expensive lesson so that YOU (hopefully...