I own two 3 unit buildings in Chicago and 1 house that is getting rehabbed at the moment. I'm looking to refinance one or both 3 units. I own all three properties free and clear. I tried to refinance with Quicken L...
Hi Everyone!First BP post :)My partner and I are forming a business focused on STR arbitrage (not cohosting). We were wondering what kind of insurance we should consider getting since we won't own these properties?W...
My rehabbing and flipping business is really quite easy to manage in terms of book-keeping. It does not send invoices, do payroll, etc. We have income, expenses, assets and liabilities. These can be categorized for...
I am "unfinishing" an unsightly basement for a rental. The basement floor has chipped tile that leaves an adhesive residue behind. It's not so sticky, but will look shoddy if not addressed. Unfortunately, the tile nee...
I'm trying to understand the calculation for depreciation. I used a calculator and entered some numbers to find the yearly depreciation of a rental property. It tells me that it would depreciate in value by 7,700 a ye...
Hi all,
Your thoughts on this?
Philadelphia City Council "surprises" landlords once again.
Philadelphia City Councilmember Kendra Brooks’ push to limit landlords use of tenants’ eviction records passed City Counc...
Hi everyone,
So I just purchased 2 properties and it is part of a portfolio loan. Its 2 properties in 1 single loan. I use Stessa only for the tracking feature (transactions). I have no need for the rent collection ...
Hey everyone! Biggerpockets has been teaching me a lot and Brandon is always talking about sharing your knowledge and getting connected. I'm a master electrician from Connecticut with my own business wanting to get in...
BP,I'd love some feedback on how to best proceed with a potential live in flip that I'm considering. I walked the house yesterday with my realtor and a GC who gave us a quote. There were three different horizontal cr...
Hi BP!My wife and I are a week away from closing on our SFR! We have been looking for the next place for months and have yet to find something that works for us. We have set our sights on a cheaper townhome in the Tem...