Hi BP,I have been investing for three years -- I have 11 doors across 7 properties in Atlanta, and the portfolio produces a good bit of cash after all expenses and debts are paid.More exciting is that a few of the ass...
Any good ideas or apps for tracking your miles driven for your business? Also, what are you able to write off as far as where and when you drive? For example, do I only write off the miles I drive to the property or c...
Hello everyone. I’m new here. Looking forward to learning from you all
Hi all,
I'm looking at buying my first cash flow buy and hold property (I own a property now but it just breaks even until I can move into it). I am looking in Colorado Springs, and every place I find does...
Hi BP members Who in Montreal is Brrrring?And can gives us an insight of the experience and knowledge in that particular cityCan you apply the 1% rule in Montreal with long term?Or your best option is short term?What ...
Hi,
I am looking at a four unit property which was built in 1926. The owner furnished the following:
Sell price 130,000
Rent- 23640
Operating Expense- 11315 - (Gas 3852, electric - 4260 Tax and Insurance 3200)
Net ...
I have what seems to me to be a potentially complex question, som here goes:
I own a lot in my own name. This lot is actually 3 combined build able lots (yes it's all legal/permitable, etc so please don't ge...
I am interested in converting a duplex into a quadplex. I am new to this process. I received an architectural proposal. Any tips on how to analyze the proposals.
There is equity in the property. Is using the equ...
Covid-19 has been a kick in the nuts for everyone, I think it's safe to say. How are folks doing? Rents are being paid, not paid, etc? Any new opportunities for expansion? Is now a good time to expand?I realize there ...
Hi. I'm considering the purchase of a couple of rentals in Buffalo. At first glance it appears that rents in the area will support positive cashflow, based on home prices, taxes, insurance, etc. (Even using the 50%...