how does tansactional funding work? Do I need to have enough money personally to cover the loan if my buyer walks? I need someone to explain this process please? Thank you
Question: Is it best to classify these expenses as education or consultation in order to avoid later IRS scrutiny?On the advice of this site I joined my local REIA. Unfortunately I didn't heed all the warnings. Went t...
I know this has been asked, but I have a few important variables (management fee, inexperience)
This is a buy and hold single family home(s) partnership.
I have a partner who invest only cash, and I will do the work...
Good morning BP Family!Are you using the 50% rule for multi-units, 5 to 15 units, for expenses? I'm noticing that heating and hot water in places like Pennsylvania, New Jersey, New York, Chicago, Ohio, are a large par...
Hi BP Family:I apologize in advance if this question has been answered in previous posts. I did several searches, however the results seemed to be fairly scattered and I wasn't able to find an exact answer to my situa...
Hi Everyone, I'm enrolled in a real estate course in University with a case study that requires me to analyze an income-producing property listed for $2-10 Million. I'm struggling to find a real estate agent willing t...
I’m looking at adding to my portfolio and was wondering if a place with an elevator is a plus or a minus. Do the benefits outweigh the cost? I would’ve maintaining it myself it’s a 3b 3ba.
As a new real estate investor, I recently bought a SFH and hired a PM company to handle it. I'm wondering if it's common for PMs to provide detailed receipts for each project, and if it's reasonable to request them. I...
I've used a variety of deal analysis calculators and many of them include CapEx estimates/reserves in the 'Expenses' category, like this:Income - Expenses (including CapEx estimates) = NOIBut shouldn't CapEx estimates...
how much do you need to start ur real estate journey in Houston TX, considering worst-case scenarios.