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My partners and I are about to close a deal with a landbank and private lot owners to develop 50 Modern entry level homes within walking distance to an awesome (recently renovated) historic downtown. We believe that t...
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I'm thinking of building a duplex, living in one unit, and having the other unit be an airbnb rental. I live in a small town that is close to outdoor activities, so it could be a good idea to do airbnb. I'm thinking o...
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What suggestions do you have for good accounting software starting out for keeping the books on investment properties? I would only have one small investment property (6-10 units) for now. I love a good spreadsheet an...
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Hello fellow Central Minnesota real estate investors. Tomorrow night the City of St. Cloud, MN will have a meeting to discuss and vote on increasing the conversion fee for the second time in two years. In 2014 the fee...
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Hi all,I see a lot of people who focus on either 1st or 2nd NPNs, but rarely both. What are the big differences between 1st and 2nd NPNs (other than lien position)? Do 2nd NPN investors just not want to deal with the ...
Hello BP, i re-read Rich Dad Poor Dad and just notice in the final chapter "Epilogue" he used a non-qualifying loan. But what i'm confuse is just what is loan is? It is Partially Seller Financing? Subject To? Or somet...
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Brett Burky's contributions to Paperstac and the educational content he produces are are unquestionably valuable. That said, it's surprising to see a lack of diverse competition in this space. In the real estate SFH m...
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My rehabbing and flipping business is really quite easy to manage in terms of book-keeping. It does not send invoices, do payroll, etc. We have income, expenses, assets and liabilities. These can be categorized for...
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Does this chart of accounts make any sense?
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I am looking for a good software for managing my personal properties plus a few others! Any recommendations?