Hey BP team. Have a question for you guys. I just recently closed on a rental property in LA where the zestimate was 660K (it sold for 640K last year in June) I managed to get the purchase price of 516K which I'm exci...

What are some of the roles that need to be divided in a partnership to try split the work load 50/50?For example, analyzing, marketing, researching, negotiating, RE licenses. . . What else am I missing? What is a good...

I’d like to share my experience with Michael Salinas. Pre-Thanksgiving, I was working on a project where the existing contractor was not meeting deadlines. I knew Michael Salinas personally and we spoke of my dilemma...

Currently keeping my eye on a lot of submarkets in my area and running numbers as I plan to buy a property to househack next year upon finishing grad school. My question however is, what website to trust for the most ...

What are my financing options if I want to do a BRRRR + STR? I prefer to use conventional loan over DSCR for the refi due to lower rates and no prepayment penalty. Specifically:

1. Do I have to purchase the house ...

I'm learning away with all the great forum posts. 2 newbie questions:

1) I was listening to one of the podcasts and it was stated that apps like Zillow, etc. are not good for analyzing numbers and deals. Th...

Hi BP!!Looking for some help checking over my numbers for this deal or no deal. This is large higher-end home in foreclosure.Price/offer: 200kSQFt: 4,500p.psqft: $44.5!8 yrs young!Repairs- 100k (with buffer) Has an ea...

I sold a property a few months ago via seller finance. The buyer is backing out due to family emergency. How should I do the bookkeeping on it? My contract says in case of default, all the moneys paid will be treated ...

Creating a successful budget for your rental properties is essential for managing your business effectively. Here are 5 tips for creating a budget that will help you achieve your business goals:
💰 Identify your incom...

does anyone have a good spread sheet they use to keep their books for their rental properties?