Andrew C.
what do you use to track FixedAssets for depreciation/amortization?
I'm using Quickbooks to track overall finances. So I have a FixedAssets account in the chart of accounts, but that's not really usable for tracking the per-item depreciation...there's no entry for when it was placed i...
Katie Jewell
Zestimate correction possibility
If we list a house for sale by owner on Zillow, that had incorrect information when we bought it, will Zillow update the information to be correct, and if so how long will it take? The current zestimate is very low du...
Charlie Moore
STR Realistic Data/Expectations
Hey all, this is my first post on BP - thanks in advance! This community has been so helpful! I am cashing out of a rental and would like to turn this into some good cash flow. I am debating between multi-fami and STR...
Patrick Hancock
Is this caluclation too simple?
Hello! Have not yet found a rental analysis tool (such as the BP one for example) that allows for factoring in payment to investors. Is the following calculation too simple to be accurate in trying to quickly analyze...
John Hicks
Unlimited Golf and Profits ?
I have this unusual concept for a golf course operation.
The all-in expense budget is $1M annually which I want to meet upfront.
100 Investors @ $10K per year or 50 investors @ $20K per year or $25 Investors at $40 p...
N M Clarke
Rental Reduction Requests: CALIFORNIA
One of my market rate units has asked for a -15% monthly reduction. The press out there has been brutal about how much vacancy and drops in rent, which include a lot of new developments downtown that were super high a...
Sherman Arnowitz
Every Loan Tells a Story
In my many years of buying and selling loans, I have found that the due diligence process is like opening a new book to reveal the story and it’s many chapters.Let me explain...after I’ve completed my due diligence, w...
James Brand
Accountant/CPA who is Stessa savvy?!?
BP,Stessa was once (maybe still is?) a platform advertised for on the BP podcast...I have recently adopted it and am aggressively working through prior years' data to get the most out of the system. My question is if ...
Donna Matessa
Rental property: less than 1%
New to the forum. We put an offer on a townhome in an area close to us and like the townhome area. There's 3 townhomes in each building. Our realtor gave us the average rents in the area and it would be closer to ....
Charles Oglesby
Low priced out of state multi family
Hello, I am working with a team of newby investors. We met on social networks and we all live in different areas across the country but are interested in getting our feet wet. We have run into some properties that ...