Colin Sweeney
How do you guys have your tenants pay rent?
Hey BP,Im about to close on a 4-plex in NE Minneapolis (my first investment property) and I was wondering what people in the area do to collect rents. Even though I'll be living on the property and they technically c...
Christopher Benjamin
STR / airbnb property spreadsheet
Hello-Does anyone have a deal analysis spreadsheet for potential STR/vacation rentals that they would be willing to share? I began to create one but figured I need not recreate the wheel if someone else has already do...
Eric Delcol
St Petersburg VS Tampa - the battle of two cities
Hi All,
We are new to the FL market and have decided to invest in the Tampa area.
I've read some interesting posts regarding the debate of which city is better - St Petersburg or Tampa. The posts I read were more f...
Shawn Lowery
Flip Recap: Partnering w/ Contractor
Flip Summary - Phoenixville, PASnapshotDeal SummaryThis property was sourced directly from the MLS. With often competitive MLS deals, my mindset is with enough persistence, there is plenty of opportunity for all. It...
Brian Volland
Profit and Income Allocation w/ VA Loan
To start, I'm assuming a 4plex purchase price of $250,000, cash flow of $1k/month, an additional $1k/mo from personal income, and ~$14k starting funds. This would be the first purchase and bought using a VA loan @ 3.7...
William A.
Was told "It is too much trouble"
I asked advice from an acquaintance that has around 20 rental properties. His advice was simply "Don't do it"! His reasoning was as follows:1. Unless you are a handyman, and can fix things yourself, you will never...
Shelby Regner
Is starting with a 12-unit building unadvisable?
I'm still a year or so away from making my first investment and will spend the next several months learning more... but it seems everyone want you to 'cut. your teeth' on a single-family/smaller number of units. Yet, ...
Account Closed
Forum Suggestion/Addition
You know what I'd love to see, a forum section dedicated to nothing but community reviews of property management companies. Just like there is a Guru reviews forum, a place where we can get an unbiased perspective on ...
Connor Thomas
How to fix this BRRRR when my ARV is less than planned
I recently bought my first BRRRR and am trying to figure out what I should do next as I feel like I am a bit in a bind. Part of it is a learning process and I have learned a lot for future deals. Another part may be m...
Jane Z.
Hiring kids for a rental LLC
Hi,I have several children related tax question. After consulting with my CPA, I am now confused. Here is my situation.My husband and I set up a rental LLC several years ago. The same CPA told us since only my husband...