For a long time we have done our book keeping in excel. Over the last few months we have transitioned our rental company onto Buildium using their accounting software. We liked it so much that we have decided to trans...
Hey BP community, I'm trying to get a handle on the BRRRR strategy and although I think I've got it I have 2 quick questions:1.) For the initial loan to obtain a property, does it make sense to go with a shorter term ...
Hi all!I'm Kira and I'm brand new to Real Estate Investing. I've been thinking about taking the leap for a few years and now seems to be the right time. I'm just starting to learn everything I can, from books, to vide...
Hello BP,So I'm a few flips into a business endeavor here and have come to the point where it is really time to get organized. One of the issues I'm having trouble with is the accounting aspect. All of the accountin...
Hi Everyone,
I work in the Austin tech sector and am considering a full time move into REI. I live and work on the north side of town and am interested in rehab/flip opportunities in that area.
Prices ...
My wife and I are trying to get all our financing options together. Currently we have private money (close family and friends) as well as pre-approval from our bank to purchase some investment property. I want to expl...
Tenants just got arrested. I just placed a three days to vacate on the door. I hope to start eviction process asap if they remain in jail.I wasn't expecting this. I new they had problems in the past, in fact I called ...
With all the talk of bubbles, I was thinking to myself, What causes irrational exuberance in people when it comes to different forms of investing??
It always leads to some bust, and yet it happens over and over again...
1. Not getting a big enough down payment
When structuring a deal, you need to be thinking of not only what will go right, but what might go wrong. You may think you are helping out the buyer when you finance 100% of ...
I have a tenant that is on a month to month lease. They are refusing to pay their sewage bill. These tenants owe about $900 for running into the garage door, among other smaller damages, which is more than the deposit...