By way of background, I've bought 8 SFRs in the last 18 months, 4 with conventional loans and the other 4 in cash.  These properties are worth approx. $2.5mil, and I owe less then $700k  on the mortgages, so net...

Hi All,I am looking to buy a house to flip in the Austin area, and in addition to my contractor inspecting the property I am wondering if anyone thinks there is value in also having a professional real estate appraise...

We had recently been rehabbed and put on the market a single family home. When a scheduled showing was taking place, we found people had moved in and claimed they have a lease that was signed with an individual who ha...

I've learned so much lurking over the years and I'm very grateful for all the wisdom here. I couldn't find the answer to my specific question in the forums.My husband and I have just 3 small rental properties (duplex,...

This post serves as a detailed reference point—a compendium of real estate knowledge that delves into the fundamental aspects of this dynamic field.
1031 Exchange: A tax-deferred exchange allowing the sale of one pro...

What type of pre-screen questions do you ask potential tenants before showing your property ? I have my first rental ready and listed. What questions should I ask over the phone before even conside ring meeting a pers...

Hello BP Community,I'm a first time landlord, I recently purchased a multifamily building in Chicago, Cook County. I made a cash for keys agreement with a tenant. About a week before the vacancy date on our agreement,...

For those of you with sizable rental portfolios with debt on them I was wondering how much cash you keep as an overall percentage of your long-term debt. We have been targeting 10% liquid for every dollar of long-ter...

If one advances confidently in the direction of his dreams, and endeavors to live the life which he has imagined, he will meet with success unexpected in common hours.
Henry David Thoreau

If you’re not prepared to s...

I'm growing my rental portfolio and I am a little confused about how to handle my taxes.

With Maint expenses do I need to record them as they come in and then deduct from Income for my taxes?????

OR.

Can I put asi...