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Results (1593)
Sangenya Machi Reasonable CPA fees?
17 June 2020 | 23 replies

Hi all,Im currently holding a property under an LLC last November. I hired a CPA to do our taxes and bookkeeping. Recently, he sent me an invoice for all his services. It was about $550 for the tax returns, which is q...

Account Closed doubling offer price without effecting CF?
8 January 2010 | 19 replies

Anybody ever try this?

Suppose you got a guy selling a house asking 50k. If you put down 10k and get a 40k loan, your payment will be 250 a month.

If you were to offer 100k...

Account Closed Cost to foreclose on non-performing note...
26 October 2014 | 15 replies

I've been presented an opportunity to purchase 12 non-performing notes for some duplexes.  My question is what could I anticipate the cost being to foreclose on these notes?  They are individual loans but are all owne...

Daniel Ditto Still trying to understand my 5/20 year balloon loan
16 September 2019 | 4 replies

To give a little background I recently took a 5/20 year balloon loan (if I understand correctly) where the loan amortizes at the rate of a 20 year loan but after 5 years the balance of the loan is due. Basically what ...

Robert Nunez Student Rentals, Some Myths and Facts
8 March 2014 | 16 replies

We've been in the student rental industry for a while now, and although it had much luster and appeal in the beginning, it does come with its major work and responsibilities. I urge anyone that is considering it ...

Marshall Hawley Contract and Agreement Question
20 October 2016 | 15 replies

Hi, I am looking to get into real estate wholesaling but first working on modifying and fine tuning a solid contract. I live in Seattle, WA. My question is as followsCurrently, I am making two separate agreements that...

Vishakha Penney Tenant evicted in summer now deceased
15 October 2021 | 21 replies

Hi guys, I'm new here, and grateful for a place to process this amongst colleagues. I began renting to a young woman with serious health issues a few years ago, one of our first tenants. Her disability check was not s...

Tom Kentop Jr How do you separate for money?
11 February 2019 | 9 replies

So we all know we should be separating money out for things like Vacancy/Maintenance/CapX/PM but I've never heard anyone discuss what system they use for monitoring their funds.What do you do?? Seperate bank accounts?...

Lauren C. "For Storage Only"
24 November 2015 | 14 replies

Hi BP Community,I toured a 3 story duplex yesterday in New Jersey and with some small changes, this property could be a great investment. There is just hang up. The property has an illegal third floor 1 bed 1 bath apa...

Wesley W. Rent increase lease addendums
4 April 2018 | 15 replies

Hello all,They say the definition of insanity is expecting different results by doing the same thing.  I am not happy with the results I am getting from my current method, so I'm looking for some ideas.  Here's my cur...