Hello, my name is Andrew Leedom and I am a newbie investor in the Hampton Roads area of Virginia looking to make my first investment.   I am a full time Structural Engineer with a wife and two children and looking int...

Hello there.   Do you tell the prospect tenants to fill out the application form first before scheduling a live tour? Or do you schedule a live tour then wait for the serious ones to fill up the application form? 

I'm wondering if you have any recommendations for fix & flip software. I'm NOT looking for lead generation or CRM or property analysis or ARV tools. I just want management software after acquiring the property. Ti...

My friend asked me to borrow 5k to finish some work on a property he’s flipping using hard money so he can get his next draw is this something I should consider if so how should I go about it? He’s offering me 7500 t...

I recently listened to the audiobook, "Work the System," recommended by @Andy Kaufman at our last meetup, and it gave me some great ideas about setting up more well-defined and documented processes and systems ...

I am trying to figure out the best way to take money out of my rental properties with the least amount of tax impact.  I was thinking about paying myself 10% manager fee for each of my STR rentals and 5%/month on my l...

As of 1pm today I had 7 showings for the property I had listed, 6 hours later I had 5 cancellations, a no show and 1 person almost a half hour late. I have a couple ideas as to why this may have been, but wanted to th...

Hi All, 
Been a member since 2020, but not very active. I finally have my first deal done and generating income. I am trying to review the process and see what lessons learned can be gleaned from the whole experience...

For tax filing, where would expenses associated with a wraparound mortgage be reported? On Schedule A? Some examples would be interest paid to the underlying lender, note processing fees etc.

Thanks,
Angie

Hello everyone,First discussion here on BP.I have been watching the podcasts and reading the forums and articles for a short time now, and am trying to get a solid understanding of this new world around me.Recently de...