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Results (3149)
Austin White Short Term Rental Loophole and Alternative Minimum Tax Impact
26 October 2023 | 11 replies

Community - My wife and I are high-income earners, each with salaries greater than $150,000 per year. We file separately for a student loan strategy. We purchased, renovated, and placed our first short term rental in ...

CJ Witmer Basic accounting software
10 January 2017 | 4 replies

My wife and I started an LLC and I've just emailed our lawyer to draw up a sales contract for a duplex. So, we're going for it!

I also just listened to podcast show 88 and they discuss software a bit. I've been loo...

Sharad M. How do you calculate IRR on a rental property?
25 May 2011 | 8 replies

Do you assume that you will sell the property after owning it for certain number of years?

Let's say you buy a property with initial cash investment of $50,000 and annual cash flow is $10,000. Now you have no plans t...

Robert Cummings Newbie Landlord with 4 units in Pierce County Washington
11 April 2015 | 14 replies

Hello!  I have been a BP member for almost a month now and this is this the first time i have introduced myself although I do have one post.  I started as a owner occupied single duplex.  Now i own 2 duplexes.  I stil...

Dustin Little Just started my first direct mail campaign!
7 May 2015 | 11 replies

On Tuesday, this week I began mailing to my lists. I have two list: List one 805 addresses, absentee owners in my zip code; List two 1200 addresses, owner 1 age 45+, equity 30%+, two zip codes (not mine but nearby). I...

Alex Geesey Stessa vs. QuickBooks vs. Other???
29 March 2021 | 15 replies

I've been looking through the forums over the past couple days to try and find an answer, but haven't really come across many posts that are more recent. I am looking into accounting/bookkeeping software to use for my...

Lynne MacFarlane Path of Progress in the Midwest - Your Thoughts?
5 August 2018 | 37 replies

Hi BP folks:So, the definition of  the term "path of progress" is the direction in which an emerging market’s growth is occurring - because progress/growth is occurring in these areas, demand increases, rents rise and...

Sean Ade House Hack Analysis
19 November 2018 | 2 replies

Hey BPWhen looking at doing a househack on a Duplex- how do you typically apply the 2% rule and the 50% rule? Is there another rule of thumb I should look at instead? For example on a house I'm looking atCost- $310,00...

Jonathan Reed To build or to rehab?
2 June 2020 | 2 replies

I hope this isn’t a dumb question. Do you think building and then renting a structure, either single or multi door, could be just as much or more of a lucrative venture? It would pan out this way. Build - either my se...

N/A N/A Looking for financing - perfect credit but not much cash
17 April 2007 | 1 reply

I'm curious as to which sources should I be looking at for obtaining financing on my first flip. Fortunately, I have excellent credit (765 fico), but my meager $60,000 salary doesn't leave much left over after paying ...