Hello! Hopefully I am in the right area for this question. I recently got into REI and have 2 fourplexes which cashflow pretty well. I am looking into picking up another property, but have a crippling $668 truck payme...
Hello,
Im looking for honest advise positive or negative please. Im in my late 20's college grad with a 70K income. I'd like to start investing and possibly pick up my first rental property.
My situation:
As I menti...
First time home buyer and long time lurker of these forums. Over the last few months I have been active in the local real estate market evaluating deals and trying to find my first purchase. I think I finally found a ...
I am interested to know why more investors don't open CC's that have 0% interest for 12/18 months for rehab work on their investment properties. After listening to the first 335 episodes of the BP OG podcast, I have h...
Here's a question that likely only the people that keep their own books or the accountant minded will appreciate. Do you lump together your repairs and maintenance costs on your income statement or do you keep them s...
Hi BPI'm finishing up my first year as a vacation short term rental owner. I have a couple of tax questions that I want to familiarize myself with before I send everything to my CPA.I rent my property through VRBO/Hom...
Hi BP friends,I'm looking at acquiring a property for use as a short term rental (STR) and I want to know what the typical expense ratio is for a STR. I know the benchmark for multifamily is ~30%, but I haven't found ...
Hello BP,
My business partner and I are funding a short-term private lending deal.
I’m using a personal line of credit to fund the transaction. I transferred from this line of credit account to our business account...
Needing a second pair of eyes on this deal analysis!I am in the market for my first deal and will be occupying one unit for a year or two to start. My goal is to buy and hold, and to cash flow even just a modest amoun...
I have no debt, decent income and would be first time home buyer. Would you FHA 5% down? Here are the details. Obviously I did NOT include the 5% down. Any advice would be great. AP - $179K ($179 @5% 30YR)GSI - $27,00...