I'm just asking just to ask. I am still saving money for a down payment on a rental property out of state and i understand none of this should be rushed, but I am wondering if anyone has ever started investing with...
I go and stay at my STR a few times a year to check in on the property and make updates or repairs where it is needed. I know that I can write my travel, supplies, and food expenses off of my taxes while on that trip....
Dear BP gang,I have been in real estate for 10 years now and have thankfully done well for myself with short term vacation rentals and SFHs for LTRs. Looking to scale into the multifamily arena, I began investigating...
Hello all!I am analyzing properties (1-4 units) and do not really like the BP calculator. Was wondering if you guys had any others you recommend or have built and don't mind sharing? Or just tips on building my own. I...
I've always installed light oak to midtone natural wood in my kitchens, but it has gotten almost impossible to find in the import cabinets. Everything is painted or very dark stains.
My experience with the ridiculou...
When looking to purchase a multiunit property. How does one acquire the correct rent roll to see what the exact income and vacancy is of the property? I understand that pro forma data can be inflated to make the prope...
Hi,I have separate accounts setup for security deposit in Baselane. When I receive interest next year would I be responsible for paying the tax on that. How do people allocate tax to the renter rather than paying it t...
Hey there bp people,So I'm wondering what is the best resource for purchasing lists? I got agentpro247 but I am kind of disappointed with some glitches that are in the program and their lack of customer service. I'm l...
So I get the process of BRRRR. My question is in the actual refinance portion. When you refinance a home at 70%-ish LTV of ARV after repairs/updates and its rented does the lender just give you cash in the form of a...
Hello everyone,
So I found the one, the property I have been looking for. It's a 4 unit multifamily. This would be my first real estate investment, worth $450,000. Quite expensive for my first investment and I am bit...