Matt Z.
Financing first investment property - family
My wife and I have been searching for a duplex within the surrounding Philadelphia suburb area. We have our eye on a few with our realtor; however before we move forward, we are trying to nail down a solid game plan f...
Chad Trail
LLC for receiving rent
Can or should I receive rent payments in an LLC if the properties are owned by me as an individual? Also, the properties are all in different states.
Shayla Fletcher
Sunday bookkeeping
I must admit that I struggle with bookkeeping . I always say that I'll do better on the next project or next year. This drives my husband nuts. One of my 2015 goals is to improve in this area. My strategy is to tackle...
William J Anderson
Introduction and Seeking Advice on T-12s
Hi Everyone,
I’m new to the BiggerPockets community and excited to connect with all of you! A little about me: I’m a new real estate investor diving into the world of property management and eager to learn as much as...
Scott Elkovitch
Proof of Funds
Hello: I have a 500k proof of funds letter from a lending company based in Cleveland. I went to submit an offer and the Agent says that she cannot accept my offer because the funds aren't in a bank account in my name...
Alexander Flores
What Else Should I Factor into Formula?
Hey, I have been around the website for a couple months. I am a big numbers guy and into excel a lot. When calculating CashFlow and CoC Return I mainly factor in my Expenses Per Month AsMortgage (at 20% down at 5% int...
Jeff V.
Showing Equity on Balance Sheet BRRR Strategy
This question is to those accounting/bookkeepers out there.Lets say I purchase a property for 30k and put another 30k in repairs/holding costs for an all in cost of 60k. The property is now worth 110k and I'll be hol...
Samuel Boyd
How accurate is AirDNA for STR revenue projection?
Hello BP family,I wanted to get some insight from other STR hosts that have operating revenue numbers. I currently have 1 STR in Palm Bay FL and I am trying to build a system for accurately predicting what revenue we ...
Amanda Young
Do you have a separate bank account for each property?
Closing on my second rental next week! And in setting up all the paperwork, I'm wondering what are the pros and cons of having one bank account for all properties vs. having separate bank accounts for each. The main ...
David B.
Advantages of Custodian vs. Checkbook for RE Solo 401K
We are getting ready to purchase our first investment property, a single family house to rent, using a self-directed Solo 401 K.
At first I was leaning toward having checkbook control, but the cost for a c...