My wife and I have owned 1 rental property for the past 5 years. So far I've managed to keep good records and receipts for all transactions relating to the rental. I'm looking into the best method for me to keep the r...
I just noticed there is a duplex going up for foreclosure auction in a few weeks. This property is in a neighborhood that I am very familiar with. I know the market rents and I know exactly what this property will sel...
I am using quicken for real estate to handle all my finances. I am buying my first property, and am trying to categorize all the expenses. So here is how I understand it.
The down payment can not be written off.
All o...
Hi all,
My first post in this group. :)
I manage my own long term rentals. Part of my process is to email or hand the potential tenant an application to fill out (with pen) and they will either scan and email back t...
Hi BP Community,
I am an absolute beginner to real estate investing (never made a deal). I read Brandon Turner's Ultimate Beginners Guide and want to overcome analysis inertia. My goal is to make a deal within the ne...
Hi all - My extended family and I are currently on a week long vacation in Garden City, SC (south Myrtle) and are all staying in an ocean front beach house (extended family is here, so we all pitch in to make it feasi...
You can tell that the real-estate market is tanking when real-estate agents start returning your calls six months later after you left them a message regarding a property. Last month the number of new home loan applic...
Hello!
I am currently in the process of purchasing my first multiunit house hack in the Philadelphia area. I am using a 3.5% down FHA loan and have received a loan estimate on a property. The property is $425,000 and...
Hi,What is the typical process that goes into purchasing a larger apartment complex?I was searching for a step by step typical outlined process online somewhere, but couldn't find anything. I was looking for somethi...
Hello,
I am a new real estate investor from Rhode Island and am hesitant to make a short sale for my first deal. I have extensively tried to see how the property I am looking at would not work financiall...