Justin Mavromatis
Accounting software for small short term rentals?
Hi Everyone, I am currently on my first short term rental/ investment property. My wife and I are doing our own renovations. I am looking for an accounting software to help me track my expenses. Home Depot, hardware s...
Terrence Evans
Poll: Note Training Courses
I am writing this post to attempt to get the pulse of the community here. THIS IS TARGETED TOWARDS THE NEWBIES AND MID LEVEL NOTE INVESTORS ONLY, not the experienced.How much have you paid over the last year -or- wha...
Tanner Gish
Recommended Termite Comp, RE Lawyer, and Prop Mgr?
Hello Friends, Happy Monday! I hope you're all doing well, and looking forward to a great start to the week, with great progress being made on your current projects! I'm hoping I could receive some recommendations: I...
Romain Nguyen
STR in Joshua Tree area: costs benchmarks
Hi all,
I'm researching the JT market and hoping to crowdsource some cost figures. I'm building a business-case and would like to make sure my assumptions are reasonable. I'm ideally looking for figures for a 3 bed ...
Glenn Hirsh
Renting Part of Our House and Warehouse to Our Business SCENARIO
Scenario:
We are considering the purchase of a property that is approx 10 acres with a house and warehouse on it. The house is approx 4000 sq/ft with 1000 sq/ft that could be utilized as separate office space and th...
Cass Hecker
Qualified Joint Venture for RE Spouses
Anyone have experience designating your LLC (RE rental income/loss) as a qualified joint venture? I am interested in reading all pros and cons of QJV vs. S-Corp, apart from level of complexity of tax returns. Accounta...
Shawn Duncan
Wholesale owner finance
I was wondering if i could get some feedback on structuring a good owner finance deal. I have a seller who owes 95k on a home that has an ARV of 170k. The home is needing about 8k in work. I plan to wholesale the home...
Scott Mitchell
CPA w/ investment experience needed
Hi, I am a new investor and am interested in hiring a CPA for annual tax filing and general tax advice purposes. I would prefer working with someone local to Nashville, TN, but am open to working with a remote adviser...
Bob Vollmer
How I'm working a foreclosure
Hey BP! I've decided to do something new and document my entire process of learning about, vetting, buying and selling foreclosures in Northern CO. I've just purchased my second property out of foreclosure, and for an...
E. Buck
WDM - first investment property
Investment Info:
Single-family residence buy & hold investment in West Des Moines.
Purchase price: $116,350
Sale price: $147,500
Prairie Creek Villas: 2 bed; 1.5 bath; 1,301 sqft
What m...