In my opinion, setting specific goals and evaluating progress are critical elements in developing a profitable real estate investing firm! 🙌
There are various levels of goals, and here are some examples:
Company Obj...

I recently bought a property in the City of Detroit from an auction, and it turns out there's a squatter there. Talked to both of the next door neighbors and apparently this lady (with kids 😮‍💨🤯) broke in and set up h...

Remote property management can be highly beneficial for property owners and managers. It offers convenience, time-saving, and cost-effective solutions by allowing property management tasks to be handled remotely. With...

Good Afternoon BP Community!!
So we are about to close on our first rental property!!! YAY!!!
In doing so we are trying to get all our ducks in a row and be ready for this. We know we need a seperate account for the...

I was recently explaining for an investor the difference between investing in Real Estate Investment Trust (REIT) vs Direct Real Estate.  I see this topic in 2 buckets:  rental properties (hands-on) and REITs (hands-o...

I am looking for new renters for a condo (Salt Lake County Utah)  that I just had repainted and re-carpeted.  My ad says No Pets. The 4th applicant just contacted me by email asking " Would you be willing to allow pet...

Here's something I don't understand, especially since I had the choice of choosing any place in the country to set up my business and chose Atlanta. So many people here on BP talk about investing out of state and in o...

I keep getting beaten out on these cash buyers and 1031buyers and it's driving me crazy.  I am actually underwriting correctly: 1. using the property manager's average expense per unit projections ($5000-5500) 2.    u...

Does anyone know of a federal grant or tax program for companies building housing for active duty soldiers? I’ve found a prime location to build an apartment complex. The area is situated between a college town and a ...

What is bookkeeping?
Bookkeeping involves recording and classifying all the financial transactions of your business. It’s keeping track of what your business spends and what your business receives.
These tasks used ...