I have created financial statements for our personal family, and each of our three rental properties. We recently purchased some lawn equipment (expense, not capital) that we will use solely for the existing and futu...
My husband and I co-own an investment property with our daughter which we are now renting out to tenants. My husband and I have also mortgage on this property. Our daughter’s name is not on the mortgage even though sh...
Good Evening, I currently own a duplex and live in one and rent the other. I am trying to calculate how my rental unit is performing, but the rental property calculator seems to only work if the entire property is ren...
Hello BP!
Have theoretical questions. I'm oversimplifying a LOT here just for the sake of questions, and I'm curious to know how other people view this.
If we broke down the GP into two roles - fundraiser & asse...
What's going on BP? I've posted about it much before, but my strategy is to do a multifamily house hack in the summer of 2024. The reason I pushed it back is because my debt-to-income is too high right now because of ...
I am very conservative and do not know much about doing a custodial IRA. My accountant said to take my little Roth IRA (under$150K) and put it with 'Charles' or somewhere that does not have a lot of fees. I am almos...
Hello All, I'm going into a partnership with 3 of my friends. We want to put together an agreement where all of our responsibilities, capital allocation, distribution of profit/losses ... etc are stated. I was wonderi...
Summary: I want to become a real estate investor in Hawaii. And I have a bunch of questions. Any advice is appreciated but specific answers preferred.1. Should I sell my $400k home in Alaska or try to rent it out?...
Thought it would be interesting to see what everyones % of their net worth is in Real Estate.Also, how does your RE allocation break down (sfr, multi, debt, syndications, etc).I find it interesting that most wealth ad...
There is no right or wrong answer to this question, but I would be interested to know where you guys keep short to medium term cash that you are holding between deals. That is to say, you sell a property and you have...