Evan Bell
Completed Business Plan
Just finished writing out our business plan. Please take a look and let me know what you think. Missing anything? Any suggestions? This plan will be sent to prospective Equity Partners within the next week, any input...
Mario Cascio
Deadbolt on Detached Garage?
I'll be closing on my 2nd rental property this year. The first rental came with renters so there was no need to change the locks.But with this one I will be.I'm currently leaning towards purchasing the MFS Icore Dead...
Michal Kolenda
CapEx Projects Way Sooner Than Expected
Hi all, Just last week I closed and acquired my first rental. Its a 3 flat in Chicago, I will be moving in soon when the next lease is up, but since I've closed the water heater hasn't been starting back up occasional...
Kimberly T.
How to negotiate fee with contractor after emergency work is done?
We recently had a major sewer line leak that caused some interior water damage to 2 units in a rental we own in AZ. We had a plumber come out first, not knowing what was causing the water leak, and he discovered...
Cory Iannacone
Quickbooks: Online vs Desktop version. Pro vs. Premier?
Looking for some guidance on Quickbooks as a REI who is only in the beginning stages. 1. Online vs. Desktop. In short, the benefits from the online version appear to be easy access from remote locations and having mu...
Donald Pierson
Financing for 9 Months Using Investment Property as Collateral
TLDR: Fix & Flip (see BP report link View report). $725k (single family home; on MLS @ 1mil). I need $210 for closing. I’m using $100k of my own cash toward the total closing costs of $210k. For the remaining...
Cassandra Barr
Our first flip! For sale soon.
Investment Info:
Single-family residence fix & flip investment in Depauville.
Purchase price: $75,000
Cash invested: $30,000
Was a 4/2. Converting to a 5/3. Replaced old knob and tube wiring, rem...
Cassandra Barr
Our first flip! For sale soon.
Investment Info:
Single-family residence fix & flip investment in Depauville.
Purchase price: $75,000
Cash invested: $30,000
Was a 4/2. Converting to a 5/3. Replaced old knob and tube wiring, rem...
Marshall Leipprandt
When to start marketing my SFH for rent in Los Angeles?
Hey BP! I'm planning to rent out my SFH in the Los Angeles area just under 4 months from now. I'm mostly curious as to the "sweet spot" of when to make the listing public? It is a newly renovated 3 bed/3 bath in the P...
Isaiah Williams
My first ever real estate investment(by accident)
Investment Info:
Single-family residence other investment in Columbus.
Purchase price: $65,000
Cash invested: $4,896
Accidental investment when the original purpose of the buy didn't work out 6 month...