Hey BP,I came across this listing on Trulia, and I'm hoping that someone else can check my work.I did my analysis on google sheets here, the result of which is that I expect a healthy cash-flow. Overall, its $46k to ...
If you have an LLC for each property or for different businesses, does each LLC need to have a separate EIN? If so, how would taxes be filed? I understand a single member LLC files a personal tax return and that is ...
I am hoping to get some help on a situation we are looking at and would appreciate any input! I also understand that this is not tax advice and I’ll will be working with a CPA.My wife and I are looking at purchasing a...
Can anyone point me to some good books, websites, or software programs that can help me learn more about basic Real Estate Accounting?
Hi everyone,I was wondering how many of you exclusively use GC's for everything on a rehab project or use GC's for some of the work and sub-out some of the work yourself? For instance, I have a few connection on my ow...
I’ve seen in posts and in books advice to newbie investors to find cheap properties in low income areas, but to stay away from properties “in a war zoneâ€. But these posts and books never quantify what the diffe...
I am looking for some feedback. We have recently started unlocking our vacant units during the day and letting prospective tenants go in and take a look at their convenience rather than meeting them for to show them ...
I have been trying to buy a buy and hold for several months in a very hot market where I've been getting outbid over and over again on listed properties. This lead to me to pursue a small direct mail strategy(mostly...
A tenant had a maintenance request about the bathtub handle. It would come off and spray out when taking a shower. So I sent my plumber out there this morning to fix it. He called me and asked whether they had paid...
Hello,I recently came to the conlcusion that there had to be a better way to invest for my future. I started asking the right questions, and those questions eventually led me to BP. This site is an amazing collection ...