I am new to the industry, and just obtained my State License. I am curious to know, which National Broker has the best opportunities in beginner training. I am eager to start selling homes, but I'm a firm believer in ...
Hi all:This is my BP debut on the forums. My question focuses on local data to understand the demands (and opportunities) of the real estate market. I am reading J. Scott's book on flipping houses. In the book, and...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $392,975
Cash invested: $93,000
This property was purchased with two other partners under a joint LLC to help a vet...
In talking to people and reading various posts online, I see a lot of confusion and varying opinions on ROI vs. ROE vs. IRR vs. Cash on Cash. For example, some people think that in the first year when you purchase t...
I am a new investor and am wondering what is the best way to keep track of all income and expenses and how do you go about keeping yourself organized? Also what do you need when it comes time to file your taxes? Do yo...
Hi all,We self manage our properties and save monthly for taxes and insurance for all of our properties. I can't seem to figure out a way to get journal entries correct in Quickbooks to keep track of each property. Te...
I have been using Stessa to track my income and expenses for the last two years and I have really liked the software. The software has everything I need from tracking income and expenses to running cash-flow reports ...
Hi BP,2 part question: 1. Can I start an SD IRA (or solo4 401K) without forming an LLC (fees would destroy ROI). I am looking to invest in performing mortgage notes that are passive (no trading, note terms longer tha...
I have a few homes that are held through an LLC and a few homes that I personally hold title to. Would there be issues with paying mortgages that I hold title to from my business checking account? Or should I segregat...
If i own a property through a SDIRA and a non recourse loan, and say after a couple years i want to sell it, what are some of the restrictions guidelines for this? I know all the equity and profit must go back to the ...