I’m a big fan of cash reserves. The covid outbreak has only emphasized this. The problem with cash is that if you have any form of debt it literally costs you money to hold cash. To get around this I have a big line o...
The flip is in Baltimore. I’m still looking for a contractor and I could use some advice on navigating the entire process smoothly.
How does it work to have tenants deposit directly into your bank account? Do you just give them your account number? Isn't that dangerous? I've never heard of this and would like to understand the mechanics.
TIA
Trina
Hey Guys! I'm closing on my first Multi Family in Mass and I'm told I can't close in an LLC because the banks will not give financing to an LLC (even if I co-sign or guarantee the loan). I have had some people tell ...
Hi BP nation,I am very sure you all will be rather surprised to see this often belated question come up again? Well, I am forced to ask this question because I have read a couple of REI machinations being bandied arou...
I'm new to this, so I apologize in advance if I miss something basic. I'm just trying to understand the best way to value a commercial property. I just read an entire book that talked about CAP rates, and now I'm fi...
Im new to real estate investing and I would love to start doing the BRRRR method. I read articles and saw some guides online how the method work but no one is showing how to search for the property.So my questions are...
I will be closing on a 4 plex apartment building this month. Each unit in the building needs new windows and could use some updates to the kitchen and needs new carpet. IRS rules require that repairs, when done as par...
This is a follow-up to my recent post about IRA audit myths. In this long sequel, I will discuss hiring audit and "IRS audit insurance."
1. DIY IRS audits.
Can you defend yourself against an IRS audit without hired ...
Hi all,So I'm on the brink of starting my real estate investing career after studying both residential and commercial for the last year or so and I'm wondering if it would be a realistic goal to have 300 units cashfl...