Are shareholders to take a percentage of total deductions based on their share of income on their K-1's or the full amount. For example if a shareholder owns 20% of the LLC do they take 20% of the deductions on their...
Hi all! - I am a real estate agent stepping into the property managment space and like to stay as organized as possible. Any property managers or landlords out there have some good spreadsheets they are willing to sha...
How do I find the market cap rate for c-class, small (5-20 units) multifamily in Arlington, Texas? Trying to analyze an off market deal. Saw a cap rate of 12.0% online @ caprateindex.com but 12% seems high. Can anyone...
Hello BP community,I currently have a friend who wants to invest in SF rental properties. After explaining the cash flow some of these properties have in this certain area, he couldn't believe it. He asked me to draw ...
As an experiment, I setup a laundry room at one of my 5 apartments buildings a coin operated washer and dryer. The coin box is only about $100. Since I've never had any coin operated anything before, the very next d...
Hi Guys,
When seeking financing, whether it be from a bank or private lender, what types of financial statements should be presented to show the lender professionalism and that due-diligence has been thorough...
How do you guys recommend setting up property operating accounts (e.g.; checking) for multi-family apartments? Do you have an operating checking account for each property? One account for all your properties? #AskBP
Normally calculating annualized returns is very simple: sum all of the profits and divide by principal and by holding period. However, when there is a refinance event in the model, the cash flows are much lower becaus...
I have a VA calling and sending SMS messages to a listing of vacant property owners. We are currently using XL and the VA is just updating the sheet as needed. I am looking for a CRM type system similar to a databas...
Lot's of posts about all kinds or fear, warnings, terror this and that of R.E. collapse/crash being eminent, any moment, about to happen etc. AND how it's going to wipe us all out.I and many have replied and written a...