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For all of my properties, when I acquire them, I open two bank accounts: One for the traditional rent/maintenance, capex, etc. and one for security deposits. I know there has to be a better way. How do others normally...
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I am trying to get into the MF space. Currently, I have a few SF units, but it has been a difficult experience to find units and to connect with investors looking to sell. Ideally, I am looking for MF with 20 units or...
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Hi all,
I am an out of state investor who spent many years in Tallahassee, FL. I know the area well and have identified Tallahassee as a city with good potential for cash flowing rentals. I have some questions for th...
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Hey BP,
These will likely be silly questions but I'm a noobie having a little trouble finding answers online. we plan on hiring a CPA, but I'd love to understand some of the basics. My brother and I are 50-50 owners ...
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Looking for some clarity, I am new to the Jacksonville Fl area and I have came across a couple of videos of guru's saying that it is possible to acquire rental properties (more specifically multi family homes) with li...
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Hi all, I've just subscribed a few days ago and have been reading various posts and info...I must say, great source of education and inspiration. I have a basic question if I may...after describing 2014's scenario:My...
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Hey BP,
I have a property under contract for ~80K.
I have a family relative who is interested in a trust deed investment (1st position). However, I'm not sure how the taxes and interest payments would be calculat...
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Hey BP, I just received a huge blessing. I have $100k cash to invest in STR. Long story short I have a family friend who simply just believes in me- we have a great relationship. He wants to help me get to my cash flo...
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I met a pair of friends this week who had an interesting arrangement that worked for them, and I'm curious if anyone else has contemplated this or come across it. Friend A was older, wealthier, and wanted a vacation h...
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I have bought and am renovating a 3 unit building. I'm now going over my options to get my money out of this building. My choice are rent and hold, sell a single unit, or convert the units to condos and sell them in...