I have been looking everywhere for an excel template for keeping track of my expenses, income, and reflecting monthly cash-flow for my SFR investment but have not found anything that suits what I'm looking for, so I d...
Hey all I am finally following what I love doing and it is wonderful! Being 24 yrs old and having a decent job etc most people thought I was crazy for taking this project on. I will be updating this post as I go un...
Sale and sell"Sale" is a noun, a thing, NOT an action. You cannot "sale" a house! (Though you can "sail" a boat, but I digress.)"Sell" is a verb, an action. You sell something that is for sale. You NEVER sale somethin...
Can anyone confirm if I am correct in my thinking? We finished rehab of a 4 unit property and put it into service in 1/2017. I would like to separate depreciation for the following items that were part of our rehab ...
Hello BP! Two questions: can you 1031 a house that you have flipped into your next flip?and also what business structure is best for someone who plans to do a few flips to build capital for B/H MFR properties?I know L...
Hi guys, Ive been having a difficult time with some of my properties that have carpets. The tenants would leave gum, cat pee/dog poop, etc on the carpets, so I had to change them. The tenants moved in and said they ha...
I feel that this is a series of stupid questions, but I’d like to get multiple opinions.
I am in the process of buying a piece of land located in Southern California. It is in an area where land is high valued a...
We want to have a permanent patio built onto our house (Fremont, CA). Up until now, every year once the rainy season ends, we've been putting up a heavy-duty tarp; 12'x10', two corners attached to our eaves and two h...
Hey Guys,I'm a new member from San Jose, CA looking to get into real estate. I've listened to a few episodes of the BP podcasts and am currently reading "Real Estate Investing for Dummies". So I'm definitely a newb. I...
Hi folks,I had a very unique situation happen to me and truthfully, I'm unsure where to take it next.3 years ago, in October of 2012, I bought a duplex in South Linden (bad area) of Columbus, Ohio for $16,000 cash. It...