Alex Juarez
Question About Qualifying a Tenant
Hey BP!So, I have a question about qualifying a tenant. I haven't called references and past landlords yet, but everything else checks out except for I'm a little confused about what to make of the credit report. I'm ...
Robert Rychtarczyk
Starting out in real estate
Hello, I am in the state of Indiana, south of Indianapolis. I bought my first home a single family (primary residence). I would call it a buy and hold long term with rehab eventual. I purchased at 170k during a great ...
Billy Raz
Depreciation - How to Account for on Income Statement?
Hi,I'm working on the financials section of my BP. How do you calculate and include depreciation on the income statements?If I use a depreciation calculator and calculate an annualized deprecation amount of $3k, shou...
Oleg Malkin
Carryforward losses if rental converted to primary
Greetings! Here is a scenario: I bought a third rental, placed it in service, and it is expected to have have significant repairs in 2021 that will likely lead to passive losses that will be carried forward into the f...
Jason Hardin
ARV and MPP the same or different?
Hello all, as you can tell by my soon to be question I am new to this game. I have got the book from J. Scott and it is great and I though I had a handle on the ARV and MPP but I just read a post on BP that confused m...
Phil Scheiris
The All Avoided Subject Of Escrow (for a newbie)
Good afternoon Pros! I have a question about the escrow. I have been finding buyers (websites, contacts, BP everything) I'm working with a few agents giving me properties and also finding some on my own. My wife and I...
Jim Cellini
[Calc Review] Help me analyze this deal
Hello all. This is a property I'm looking to implement a BRRRR strategy with in Chicago. It's a 2 flat that is in need of a gut rehab. I've listed the asking price and have run my own comps to helps determine ARV. ...
K.D Neider
Deed in lieu? Has anyone tried to wholesale a deal like this?
I have a potential lead and wanted to know if anyone has any experience with deed in lieu deals and if they can be wholesaled.
Melissa Block
BRRR Analysis Help on First Investment
View report
*This link comes directly from our calculators, based on information input by the member who posted.Hello, I'm unsure if I made a good deal and if the BRRR method will work for this property. I received c...
Dayanis Acosta
Airbnb market analysis
Hi everyone. I’m looking to invest in a property and looking on Airbnb to see nightly stay and occupancy data for nearby properties and I’m confused about one thing. There don’t appear to be any open calendar days ava...