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Hi all -I recently hired a bookkeeper to setup Quickbooks for me for my rental business. She entered 8 months of transactions for me and told me that for mortgage payments, she created a category of "Unallocated mort...
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Today I drove past this very run down property. It appears to be a vacant 5-plex. This property intrigued me so I decided to dig a bit. I am interested learning more about this property and if it could be a opportunit...
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Dear BP Members,
I just formed my LLC, Got My EIN, have been reading like crazy all about real estate investing. Got Mr. Turner’s books, and many others. I have been to the Than Merrill small seminar, I plan to go to...
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We have a SFH under contract and want to ask the owner to owner finance it. (it's free and clear...has been sitting empty 2 yrs)
If he agrees, do we have to set it up in with conventional bank style terms (x...
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Scenario:
- Fully stabilized retail center. "Shadow-anchored," meaning the Target or Costco building isn't included with the purchase, but it shares a parking lot or similar. In other words the subject property owner...
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What would be your recommendation for a college student who is trying to get exposed to RE in terms of an entry level job? I would be willing to run errands for a real estate investor, do data entry, or whatever. What...
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For the tax wizards on the forum...For the moment suspend any sense of rationality and assume that there is a gov-mint mandate on startups that require them to do audited financial statements. They really don't have ...
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Alright S8 wizards. We are on a ratified contract for a duplex (3/1 each side) in Petersburg, VA. Current rents are $700, but market is around $900. However, in looking at different strategies for this property, Af...
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Any financial wizards out there?
I am in the midst of refinancing a small apartment building and taking out equity to be deployed in passive syndicated offerings...My lender has offered a fixed 5 year rate and a 7 ye...
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What is your largest headache, time suck, inefficient activity that you have in your real estate business that you wish could be automated and why?