My wife and I are realty agents, and we are in our first year. Up until now, we have been employed by companies that provided W-2s. I am doing what I can to keep track of our finances and tax obligations, but we are l...
I currently live in a house hack and was looking to buy a second property strictly as an investment property. I am seeking feedback just to get an understanding of maybe something I am missing. I guess what is stoppin...
Hello BP Community! I recently started renting out 2 of the 3 rooms in my house to tenants. I also created a business account for myself where I put their security deposits and monthly rent. I calculate out the uti...
Here it is. Nice large older home off of a downtown area. Not to bad of area. Some abandoned homes and some quite nice This home is done! Newer windows upstairs, two new furnaces with a/c, newer water heater, new v...
I have a recent ex-tenant who hadn't paid utilities for about 3-years. In her lease agreements, she is responsible for water and sewer and electricity. This is specifically about the water and sewer payments. The n...
Real estate investing is game of number.So I am curious that what number exactly can I obtain and verified before I put the multi-family rentals property under contract?If the information is limited,how can I do the i...
I am new to bidding on foreclosures. My husband and I are looking to purchase something for my mother in law but the property is coming up for auction too quickly (in less than 2 days) to have any of the title compan...
Need advice. I am in the process of a master lease option, negotiating still. It is a 6800 mixed use building in Nassau County, New York taxes 55k.6000 sq ft of retail that can be subdivided into 4 units with a 2 bed...
Re: $380,000
·$195,000 for acquisition
·$185,000 for repairs
·Seller willing to hold 25% of total in 2nd position
·Buyer puts 1st year of mortgage payments and taxes in esc...
I had a great pro forma and was very familiar with working in it. However, I saw several other pro formas on this site and wanted to compare just to make sure I was doing everything correctly. I have looked at 4 diffe...