Matthew Cervoni
Standard Mileage Rate Increase!
To all those who put a lot of miles on their vehicle for their real estate business, The IRS has increased the optional standard mileage rates to 62.5 cents per mile for the rest of 2022 (starting 7/1). The rates from...
Sharilyn Glover
Bookkeeping For Roth IRA Owned Single Member LLC's ?
If one owned a single member LLC within their Roth IRA, and that entity invested exclusively in real estate, tax liens and debt instruments, would it not be acceptable to simply incorporate "grammar school" like accou...
Vincent Plant
Brand New Landlord looking for advice.
I am closing on my very first rental income property in about 2 weeks. Now, I believe that I got a great deal, I can rent it out and create a great amount of cash flow I just want to be aware of any pitfalls. The prop...
Jordan Hanks
Airbnb Management Fees
For all you Airbnb investors/managers....What is industry standard for Airbnb management fees? Would love to hear from you as a host, or you as an investor paying someone to manage/paying yourself to manage? Thank you...
Brandon G.
Books about running business financials
Hello everyone,I have listened to many books in the last two years that cover the real estate gamut and several business books that include generic concepts like how to manage people and structure your business howeve...
Michael Gonda
Starting out as a private investor
Hi everyone
Wow, it's been over a decade since I was on BP, nice to be back.
My business partner and I have a fairly large portfolio of SFH's that we purchased as rehab projects using hard money. After doing this f...
Andresa Guidelli
Standard Operating procedures
Hi folks,For those of you who already implemented SOPs in your business and for those who are in the middle of the process...What tools, books apps or methodologies did you use that made a difference in regards to gat...
DJ Brooks
Sub To Contracts? Anyone Have Any?
Hello everyone, I am trying to set up a sub-to deal on a listing I have. However, I do not have a contract or template to create an agreement. Does anyone have a blank contract they are willing to share with me? Or do...
Brian Lenzer
Home Insurance and Property Taxes count as part of the Mortgage?
Is home insurance and property taxes considered part of the mortgage? I am wondering because I am trying to calculate NOI and hence cap rates, so I want to make sure I am using the proper standards. Thanks in advance!
Dylan Snyder
Book / Informative Read
Hey guys. I know there are tons of real estate books out there and many great picks in the BP book store. I've read many and appreciate the time put into building that list. I'd like to educate myself on rehabbing sp...