Hey all, Currently in the process of searching for my rental property and was curious as I’m preparing to think about marketing, what types of tenants or applicants do you most commonly rent to? Who’s your target audi...
Hi everyone, My name is Maureen and I am completely new to real estate and to BP. I currently live in Washington DC, but I was originally born in Philadelphia. Due to my Philly roots, I have been going to the Jersey S...
I was hoping some of the more experienced investors would shed some light on the risks and benefits of buying 5-6 units in the same city.What are some of the benefits from having scale in one city? Are you able to neg...
i am trying to better understand how people get cash flow from the rental properties they use. Is it the way a property is financed that creates the cash flow or does it just have to do with the price you paid for the...
Hi all,My parents have asked my brother and me to help them to eventually sell their house, and because my brother and I are still fairly new to the real estate game (the extent of our experience is that we have bough...
The deal is a probate situation where the daughter has inherited the property from her mother. Upon inheriting the property the home was already delinquent by 12 months with a $70,000 balance. She says that she was...
Hello BP Family!
Just want to quickly introduce myself to the community, my name is Jeff. As stated above, I am a rookie to this Realm of REI and I love it!A brief summary about myself, I’m 30 and currently employed ...
Ive been using QBO for 8 years and it has been O.K. at best. I have a decent size RE portfolio, and use professional property management. I don't need a property management based software. I know how to use the basic...
Has anyone attempted to use one instance of Quickbooks for multiple entities, such as LLCs? I'm struggling to figure out how to best set this up, and do not want to purchase (or have to manage) two separate accounts.
I just had a consultation with someone who has the following story. Classic example of a prohibited transaction. Sometimes I hear arguments against “checkbook control” that custodian is there to protect your IRA and p...