In recent months, I have been taking steps to improve my credit score. That being said, I still have a high interest rate on my one credit card. Is there any strategies on how to get the credit card company to lower t...
HelloI have been buying properties from the sheriff sale in New Jersey for sometime now. I recently was the successful bidder of a property and when I went to pay the 20% deposit required at the time of winning. I was...
Hey Everyone,I'm looking for suggestions and tips on how to do bookkeeping properly and what you recommend for a bookkeeping software. I am primarily interested to know if anyone uses Quick Books Online for rental pro...
Obviously, house hacking is going to have a negative effect on cash flow, as opposed to renting out all of the units to tenants; but....
When using the 1 & 2 percent rules to predict cashflow for a house hack; s...
Hi all - I am trying to develop a more comprehensive understanding of the market cycles in my native Washington, DC area. I am new to looking at the direct numbers from MRIS (our MLS) and GCAAR (our local realtors a...
Hi All:I am in the process of working through a business plan with my partner to execute on the BRRRR strategy. We have limited funds ourselves but family and friends have expressed interest in investing with us. If w...
I really want to analyze properties. I use to set a goal to search for at least one property a day. It has gotten to the point where I want to run the numbers and understand them. I get lost at times when people go de...
How much accounting do we need to know to start in real estate? Do we just need to know the very basics like keeping track of net worth and balancing assets, liability, equity? Or do we need to know more advanced topi...
Hi All,Hoping I can get a start on the best way to file. We chose this strategy to allow the max number of mortgages. Partner A purchased 1 property (A is the only person on title and mortgage) Partner B purchased 1 p...
I'm new to investing and made some calls to lenders to try to understanding more about commercial lending so I can properly calculate and estimate monthly payments.
I spoke to a gentleman that told me for multi fami...