Hi everyone!I'm currently looking for my first fix and flip property in St. Louis, MO. There are so many deals but I am struggling with calculating my profits using the BP calculator. I used the 70% rule formula, but ...

Hi!I was recently a part of a conversation in which a few more experienced landlords alluded to being nervous about marketing their rentals publicly due to potential litigation issues. We all live in Oregon (not Portl...

Our property is in Lake County, IL and we are going through a 1st transition from 1st tenants to our 2nd ones. Tenants that moved out this month, left some damages behind (some repairable and some not) as well as didn...

I'm using Quickbooks to track overall finances. So I have a FixedAssets account in the chart of accounts, but that's not really usable for tracking the per-item depreciation...there's no entry for when it was placed i...

I have two rental properties (one of which is currently occupied) and I have home warranty plans with Complete Appliance Protection, Inc. for each of them. My question is, is it necessary to have home warranty plans i...

Hi guys. I’ve recently closed on my first mobile home park in South Carolina. I’ve had it about 2 weeks and am looking to strictly rent out the lots. However, as expected, the demand for this is much less as people ha...

Has anyone heard of this company? They say they will GURANTEE removal of bankruptices, foreclosures, late payments, etc for hefty fees.

I'm second guessing some answers my CPA gave me recently and wanted to run the following questions by others who specialize in real estate accounting.  Thanks so much for your time!We purchased a house, listed it for ...

Good afternoon everyone,I'm wonder what your opinions are on hiring a home inspector? Pros, cons, services they offer, price, etc. Basically what do i need to know about choosing one. Thank you all for your time and a...

Hi, all--I'm in the closing process of my first rehab (a HUD deal), and meanwhile I'm in the process of interviewing contractors.  For the most cost-effectiveness & efficiency, does one usually purchase materials ...