I just started reading "Profit First" by Mike Michalowicz. It looks to be a simplified method of cash management. Does anyone here use this with their BRRRR deals? If so can you share your experience with it?It is eas...
Hey BP family, hope everyone is well. After much research and putting in offers on multi family properties, we (wife and I) finally have a deal under contract, a 14 unit 1 bedroom complex. It's a fixer upper, but ...
That is what I feel like right now.We are house hacking a two unit property that we bought in August. The previous owners occupied it for over 50 years and took great care of it but did not separate out any of the ut...
What is the best cash flow strategy in your opinion?
I was told that owning cash flow residential properties is a pain because of having to deal with the maintenance, tenants and sometimes property management compani...
Greenhorn here, and I am still trying to decide on whether to stay in the local Fairbanks/North Pole Market or broaden to OOS markets in warmer climates. The real sticking point that I cannot factor is how half the re...
Online auction states they will provide Quitclaim deed. Will a title company even issue title insurance? Would this property even be marketable in 6 months? Is there an efficient process or strategy to protect myself?...
Hello all, We have been using many different programs to manage our New Jersey rehab businesses. It really is a piece meal of systems to which we collect a ton of data and then merge it together ourselves. We are seek...
Hello everyone,If you have a portfolio of single-family properties, do you always have to track the income and expenses by property?I'm pulling together my numbers for my partnership tax return and it is a pain. We ha...
Hey All, I'm new to investing and need a little guidance on how to get some funding for a housing hack to fix and flip in 2 years. Basically I have the self-employed crux - I make around 100k a year GROSS but my NET i...
It’s coming up on the end of the year and with the uncertain economic circumstances, it’s crucial to have a firm grasp on your business’ financials. Here are 7 tips to take advantage of in Q4 to help successfully clos...