Hi, I have never bought a rental property retaiI.  I have always bought my rentals as forclosures or distressed properties and fixed them up myself and rented them.   This time a round I found a triplex that is all fi...

Hi BP Community, it's so good to be back here.I have been learning about creating Sandwich Lease Options, and using them to help homeowners create a Rent-To-Own structure with potential buyers. Two home owners have co...

Hoping to net feedback from anyone who has worked with Colony American Finance. I am in the initial phases of securing a line of credit with them, but hoped to gain some wisdom from BP before moving forward. Both go...

Hi all,I am having trouble figuring out which report in Quickbooks I can run that will tell me what by cash flow is for each property. Profit and Loss by Class lists my revenues and expenses but of course does NOT inc...

Hi All, I reached a verbal agreement and my offer was accepted by the seller on a 15 lot park. I will be putting it under contract within the next two weeks. I'm looking to get some feedback and insight on the deal as...

While rehabbing a property prior to putting it on the rental market, are holding costs added to the basis as a capital improvement or treated as deductible expenses?  I'm referring specifically to costs such as utilit...

Just a general question. More of a worry than anything.So there is a vacant duplex for sale right down our street. My question is after rehabbing the vacant property, will we have to pay the monthly expenses of the pr...

What is the more prudent play: use the rental income to pay for the invoices, or use my credit card that earns points? Paying with my own credit card will create a greater distribution at months end, so wouldn't that ...

Hey everyone,
Still new to learning about real estate investing, specifically rental properties. I was wondering, what are some good methods for bookkeeping when it comes to rental properties? I struggle with account...

It started with a $6,000 mistake...Late Saturday, enjoying one of my much needed nights out, I received a text from one of my tenants stating that the A/C unit was just blown out..I wasn't concerned except that it was...