Bilson Wallace
In need of partnership/ mentorship
Hello,
I’m currently Active Duty Army stationed here in Fayetteville, NC. I have 1 long term rental and is very eager to continue my investment journey. I’ve done some research on my but is lacking the experience wh...
Lupe Cartagena
Tracking expenses on a flip
I am in the process of purchasing my first flip. I realized, I dont have a method for tracking my expenditures. Does anyone know of a good software program to track my expenses?I am purchasing a sfr. Thank you
Patricia Andriolo-Bull
Summons for returning partial security deposit
Hello. Looking for some guidance. I have spoken with an attorney briefly but would like some thoughts from others.Context:I had a 9 month tenant, upper scale property and tenant, $19K security deposit.Tenant vacated...
Donna Ragan
Contractor Partner vs Hiring Contractor
Hi everyone,I just purchased my first fix-n-flip and am looking for some advice on saving $$$ and hassle.Scenario 1: Partner with a contractor (consists of 2 people) to save on building and split profits (split would...
Samir T.
Issues with rental - NEED HELP
Hello,Hope everyone is staying safe. I’m three months into renting out my first property. In those three months I’ve encountered numerous issues with the condo (leaking drain, Furnace repair, AC repair, and a few smal...
Eric Belgau
Professional Services as an Expense?
My keyword settings keep me seeing forum posts about LLCs. Inevitably, discussions of LLCs (and the constellation of issues related to them) reinforce the need to work with professionals: attorneys and CPAs espec...
Eli M.
Construction materials qualifications
Dear BP family,Often times, we hear low grade, mid-grade, high-grade construction materials. I was wondering, are these definitions standardized and if yes what exactly do they mean?Thank you all in advance, Eli M
Scott W.
Depreciation items
I had to replace some windows for my rental last year. Believe it or not, I couldn't find much info on google except the IRS website had a Q&A stating windows must be depreciated over 27.5 years! I thought, "Since...
Zachary McDonough
[Calc Review] Help me analyze this deal
View report
*This link comes directly from our calculators, based on information input by the member who posted.So I have already put this deal under contract; however, I am looking for advice on the...
Clint Richmond
First Multi-Unit (6) Deal
Hello everyone! I'm new to the BG family, and have learned so much from all of the articles and forums. I'm analyzing my first deal, and wanted some opinions.I'm looking at a 6-unit building, with 2 efficiency's and...