William Hinsche
Bookkeeping - How to reduce this expense?
Hi BiggerPockets community,
For the bookkeeping portion of rental properties, 1.) what are the best strategies to reduce this expense if you want to outsource this operation? 2.) How often will the bookkeeper need to...
Shane B.
Multi Family Owned by my LLC
Hello Bigger Pockets Community! My wife and I are preparing to make our first real estate investment and are trying to figure out whether or not we should own with an LLC. There's lots of info readily available on t...
Ron Thomas
Need advice on the best 1st investment to maximize cashflow
Hello all!
I'm just starting out and wanted some advice on the best first investment given my goals.
I learned the fundamentals (from analyzing deals to financing strategies etc) in a BRRR program but then realized...
Jason Aycock
Ways to Cashflow a Property...
What are some low overhead methods to cashflow a parcel of real estate? Please add to this list:
Building/Home Lease (Standard Landlord/Tenant Relationship)
Billboard Leasing
Cell Tower Le...
Neil Griffin
Strategy and Partnership Discussion
How do you find, structure partnerships, and work with general contractors and the like? Are you involved in the entire process, what responsibilities do you take on? Do you always bring on an architect or only when n...
Jackie Rucker
Sell, Refi, or Cash out Refi
Purchased land and developed new duplex. Our first sits in the mid 5's, for this example lets say 550k. We can sell the property for 850k at the cost of 7% closing cost etc. We have 3 Options:1) Sell the property and ...
Bienes Raices
GC's markup, how much
I'm planning to use a GC when I find my first house (assuming it needs enough work to require a GC). Is there a rule of thumb for what % markup I should factor in for the GC when estimating the repairs to determine ho...
Jimmy H.
Applying 50% rule to Apartments
So, i'm scouring Loopnet for commercial multi-family opportunities. I've noticed that many of the properties that list brief financials on loopnet have terrible overhead/operating expense ratios.
For example a huge 2...
Sean Holland
Deductioning work vehicles/trailers?
I already have a primary vehicle. I want to purchase a secondary work truck (20k) and dump trailer (7k). Trying to figure out how much of these purchases I can deduct. Also, what other deductions would that cut into (...
Nicholas Seaver
First TDY Home in Albuquerque NM.
Investment Info:
Single-family residence buy & hold investment in Albuquerque.
Purchase price: $293,500
Cash invested: $30,000
A home that is used to house traveling military professionals. I ren...