Hi Everyone,
Hope everyone is doing well. My name is Victor and I live in Buffalo Grove IL. I’m considering purchasing a single-family property that’s below market value due to disrepairs.  This will be a home I pl...

Hey guys. Thought some of you might be interested in seeing some actual numbers from a deal. So I'm posting my owners statement from my property management company from 2019 and some relevant numbers associated with t...

Hello.  I'm going to keep track of my real estate activities in management of an STR, and will track the activities using an activity log. My question is - how do I prove in the time log that I performed a particular ...

Hi all, I'm looking at some single family properties in the area and there is one for sale that says the current tenants are paying $500 below market value. I've read a lot if posts about the difficulty of vacating a ...

Hello BP community. I’m about halfway through a book called “Life’s Greatest Lessons” by Hal Urban and am at a moment for pause and reflection. I’m reflecting on my real estate journey so far and deciding proper balan...

I would like a contractor to do some tree work on my first rental next week.  The quote is $1900 cash or check.  I just learned about filling out a form 1099 for contractor payments of over $600.  It looks like I can ...

Hello Everyone!A lot of the high-level details about me can be found in my profile, so in an effort to not be redundant please check there if my post description is of interest.I started researching real estate invest...

Hello, Last year my dad gave me a 100k full recourse loan, at fair market interest rate, for a primary residence.Looking at IRS pub 1098 https://www.irs.gov/pub/irs-pdf/i1098.pdf It looks like we need to fill out a 1...

Trying to be as  specific as possible about one of the most subjective topics in RE investing- Neighborhood Grading. Where most would agree that A is very desirable (and difficult to CF) and D/F are war-zones.I am dev...

I'm interested in hearing how some of you are using quickbooks to manage rental properties. What's the best way to set it up?

Thanks,