Brendan Murphy
Rent or buy a risky condo
I need some advice. Let me start by saying I found a condo in my area (Boston) that I was under contract to buy. It was a 1 bedroom, 1 bath, and I was excited to not have roommates any more. My mortgage, fees and budg...
Alexander Knox
Book Keeping on multiple properties
Hello BP!I wanted to see if anyone has some advice on how to maintain clean books/records. I am involved in multiple real estate investments, all of which have varying equity interests so it is difficult to keep all p...
Bruce D. Bolton
No financials but it might be an opportunity!?
I was just presented chicken scratches and half completed spreadsheets on a 50 unit building.Could be an opportunity as it's a out of town landlord and the building has had its share of problem tenants.Most of the uni...
Shiloh Lundahl
$2MM Portfolio Loan Successfully Completed! Lessons Learned
I know that this post is long, however, I think that it can provide some insight into the process of getting a portfolio loan for those willing to take the time and effort to read it.
My Portfolio Loan Story
I feel ...
Lawrence Potts
Purchase/ Refinance/HELOC Options for New Agents
Hey BP Fam,I'm struggling to find financing options to purchase a new primary as a new-ish self-employed borrower (less than 2 years). Has anyone found a solution to find lending? I've found a lot of options for non-o...
Max Emory
Helpful Bookkeeping Tips for Real Estate Investors
CRAFT YOUR INCOME STATEMENT (P&L) TO APPEAR MORE "BANKABLE" WHILE STILL LOWERING YOUR TAX BURDENHow your categories/accounts are structured on the income statement (profit and loss) matters and this may help you "...
Quandra Adams
Verifying Waitress/Server Income
Do any of you ever require any supplemental information from servers or waitresses to corroborate their income? If so, what else do you ask for? Tax statements?
I know servers can do pretty well making tips however...
Matthew Manzi
New Investor in Binghamton, NY
Hello BiggerPockets Community!I am new to real estate investing and new to BiggerPockets and have to say how thankful I am to have found this community. Im a CPA by trade with a primary background in financial stateme...
Engelo Rumora
Financial Freedom... How about "Financial Stability" instead?
G'Day everyone,Over the years I have spoken to thousands of real estate investors through my various companies.They all seem to be caught up on the "Financial Freedom" buzz word.I'm posting today to open your eyes up ...
Chris Seveney
Expected Documents / Communication in a Deal
As part of any good relationship, communication is key. I wanted to share with everyone the information I provide and also like to hear from others on what they share or what people want to see. This is important for ...