This past weekend we had two different applications for two different properties that had one thing in common. Both applicants submitted totally fake W-2s. You can’t just rely on automated screenings. You really need...
I've been doing single family flips, wholesales and picked up 2 rentals over the last 2 years. After getting a Commercial lead that ended up not working out, but was a toe-in-the-water experience for me, I've started ...
Hi folks,
I received an application where 4 people who work at the same office would like to rent my SFH. They all applied. credit scores are low but combined income is much greater than rent. No criminal or Eviction...
Hey everyone! I'll be starting my next rehab this month, and have been considering my flooring options. I am curious to know your thoughts in regard to Allure Vinyl vs Lowe's Versions vs Laminate flooring. I've fou...
I’m very thankful for BP and the people on it, I read it many times a day and my learning has been exponential.
Background:
I’m 26, almost 2 years out of school, married no kids and I own my own home that was purchas...
I hope I am in the right forum. If not, let me know where it should go and I'll change it.
Currently, I do all the accounting for my LLC which owns SFR's. I sue Excel and for the most part it works just fin...
First flip done! Thanks everyone for your help throughout the process! It wasn't always easy, and I had to get my hands dirty on a couple things, but all and all, it was a success. We had multiple offers within the ...
Hello BP,So I'm a few flips into a business endeavor here and have come to the point where it is really time to get organized. One of the issues I'm having trouble with is the accounting aspect. All of the accountin...
Hello everyone a complete newbie here, and about to close on a property soon. I was wondering if anyone had any advice on keeping track on income, expenses, Net operating expenses, Net operating income. I've seen some...
This is a quote that I got from my property manager that is Indianapolis. I typically buy B or B+ to prevent major rehabs but this is a C- property. The house just has a couple couches and empty liquor bottles to tras...