Closing on my second 4-plex in Cedar Rapids, IA today! Listed at 144, I picked it up at 135k, with a total loan balance of 127k. The seller is also giving me 1.5k at closing for cosmetic repairs, so I'm only putting...
Hey BP folks, looking for a situation opinion here. First time this has happened to me.I solely utilize buildium's e-pay service for rent collection and for the fisrt time had an "echeck" reversed for NSF. The tenant ...
I wanted to gather some feedback regarding accountants in the Seattle area. I am in the process of moving back to the area, and I need to get my books in order. Does anyone have any suggestions or recommendations?Thanks!
hey guys I'm in the process of trying to purchase my first str. I've been all over airbnb and vrbo and airdna analyzing propertys. but I was wondering if there is another site out there that allows you to look up deta...
Hey everyone,Quick question I was hoping some of you could give me input on:I'm looking at buying in a neighborhood and noticed a comp price on a similar home that was way out of the ballpark of being realistic. Most ...
I'am relatively new to USA flipping business but have a strong experience in other countries with a different kind of accounting/tax systems . I have looked through the search but have not found something correspondin...
I bought my second house this year at the end of July. I rent my first house out to my mother. I could use guidance on maximizing my tax return. Can someone please advise me on how I should be claiming (and on what fo...
Hello All,
I am a first time real estate investor that is looking for information on best practices for setting up a checking account and arranging payments from tenants to be received on mobile apps.
For more det...
Just listened to one of BP's podcasts and they talked about not co-mingling personal funds with property funds. What's the best way to keep everything organized and separate?Any thoughts would be greatly appreciated.
Hey BP,
I am currently looking to partner on a small multifamily deal with a friend. Basically my friend will put up the money for the down payment and I will handle everything else. My question is how should I handl...