David Shipp
New From Alabama
Right now, I'm stuck with an issue that may seem trivial to some. But, here's my issue. I just got a property under contract 6 days ago. It's a special kind of flip or wholesale deal, because the property has a renter...
Alex Tang
How to manage bookkeeping for rental real estate
Hi,Im in the process of closing on my first deal and will try out managing the property myself for the first year. What software do people use to manage the bookkeeping? Excel? Quickbooks? Or is there some other prog...
Jose Sandoval
First property rented. Now what?
I just signed a one year lease on my first rental property. Should I save the income for future expenses aka reserves or reinvest?
Andres Piedra
Strange Rental Question…..well, strange to me.
I have a potential tenant. A pastor in a church. He makes "okay" money, but definitely short of my monthly requirement. However, apparently the church itself pays for his rent outside of his salary. I called the...
Michael W.
Newbie Starting an LLC in Oreon
Hi, I am starting an LLC here in Oregon because the outfit I will get my first financing from will only loan to an entity. I plan to file a simple LLC, I've seen the articles of organization form, its pretty simple...
Vincent Pelletier
Rental Property Financing. Should I bring Comps to the lender?
Hello BP
When looking for a conventional mortgage from a local bank, would you bring Comps with you? I am still working to purchase my first investment and when talking with the lender it seems like it could reduce th...
Joshua Hollandsworth
Just bought a home.. Neighboring property is a drug house.
I just bought a house to live in. I viewed the neighborhood. I looked at crime reports. I viewed the house. I was very excited to move in. We closed about 2 weeks ago, and I haven't even made my first payment. The day...
Joe C.
East Bay Area BP Meetup - Feeler
Hello all those BP'ers in the San Francisco Bay Area! How many of you would be interested in meeting regularly to share stories and discuss deals and ideas or even just get to know more investors in the area? I was th...
Michael Orlando
New 42 Unit Acquisition!
Investment Info:
Large multi-family (5+ units) buy & hold investment in Cleveland.
Purchase price: $2,220,000
Recently acquired a 42 unit, C+ property in a solid suburb of Cleveland! Deal was direct ...
Clinton Sanders
First rental property success
Investment Info:
Condo buy & hold investment.
Purchase price: $174,990
Cash invested: $46,000
Apartment / condo 1b/1b purchased across street from NAU. Purchased for daughter to live in during co...