I self manage a portfolio of 6 units and am wondering about the correct way to account for general expenses that span multiple properties as tax deductions. For example, things like tools or building materials that I ...
I'm reading David Greene's book, and I'm sure he eventually answers this question, but the way that he's explained it so far is that you pay cash for the house upfront. Is there no way around this when doing BRRRR?
Looking for guidance in Wholesaling What are few things that I need to get to work on and focus on to the point I'am doing deals?
I've been a Loan Officer for 10yrs and was pitched by several buddies to look into wholesale land flipping. I didn't pursue because the real estate market was good and rates were at an all time low. As rates rose and ...
We have been financing properties and getting involved a little bit with the buying and rehab process, but our contractor is the main on that (Finding, buying, rehabbing and selling). We have been doing a 50/50 spli...
Dear BPers:Happy New Year!I learn a LOT from these forums. Thank you for sharing!This question is about long term investment.
If you have $100,000 cash. You can use that money to do 3 things:
Option 1 - Buy a ...
I've heard a lot about about the BRRRR method. But the part that isn't really talked about is how the mortgage payments are made during renovation. So, my question is, do loan companies require payments to be made on ...
I know BRRRR is one of the key strategies on BP. I just wanted to play devil’s advocate and see if my line of thinking makes sense. I have a professional job that pays well, so I have been taking my extra income and p...
Hey everyone,
My name is Keith, and two partners and I are at the beginning stages of opening an REI company. I have an extensive background in home repairs and construction in general but lack experience when i...
what platforms do you all recommend to collect rent? Best for price and purpose. TIA!