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Does anyone do their own accounting? I'm trying to set up "asset" reserve accounts for Vacancy, repair & maintenance, and cap ex. how do you do this or are you accruing your expenses? How do you save for the expen...
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For those of you who invest in small multifamily properties, what are some of the mistakes you’ve made? What advice would you give a beginner interested in investing in small multifamily properties?
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Hello BP!I just have a simple question for you all. What was the last thing that you did, heard, read, ect that finally made you start your first deal? I'm interested to see what was the last thing that pushed you t...
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Everyday we have people on BP asking questions related to soliciting money for deals, joint venture partnerships, etc. Maybe some of you with knowledge or experience on these things can weigh in. @Will Barnard...
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I want to expand my lease option business from my Louisiana base to the Houston, TX area. I want to involve my brother and his wife in the business. I've heard some interesting stories about doing lease options in T...
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To those starting out I have a word of warning, trust no one. Every single person you think is working for you or with you or in your best interest, is working in their best interest. This is America. Nobody cares a...
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Hello All, This is my first post and I just started investing in single family, long term rental, homes at the beginning of the year. At what point am I responsible for paying, or paying part of, an excessive water...
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I have been looking heavily into lease options, but I have seen some on here saying there could be legality issues. Apparently some laws were enacted on the federal level to restrict a person's ability to take advanta...
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I have entered a knowledge-consumption stage, and due to there only being so many hours in the day, I must be efficient with my time. I have read perhaps a dozen RE books, with each of them saying more or less the ...
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Economic Update
(Monday, October 5, 2020)
The economic collapse sparked by the pandemic is triggering the most unequal recession in modern U.S. history, delivering only a mild setback for those at (or near) the...