Let me first say how blessed I feel with the Bigger Pockets forum. I mean everyone has been so helpful and generous with sharing their knowledge. I am just learning so much as a newbie to real estate investing!I am fi...
Who in the BP community invests in expensive areas? I'm in Seattle where the market is expensive and anything listed gets bid up quickly. Even off market deals are pricey. I want to buy rentals within an hour drive an...
Thanks in advance for any opinions.I'm practicing analyzing deals. A pro forma from a turnkey company has cashflow on a property listed as 220/month, and the bigger pockets forum has it listed at 130. The difference...
hello everyone.I'm currently doing my homework and analyzing 1 deal a day for potential rental properties. I think I found a great foreclosure in South Knoxville but I want to make my analysis as accurate as possible....
Hello everyone,For starters I already know that I need to talk with my CPA. But he's on vacation for the week and I'm curious.I have a rental that has been having issues with clogged main sewer line. So I send someone...
When investing in Condos, would you scale back Maintenance and or Capex percentages on a Buy & Hold rental due to roofs, foundation, outside expenses included in HOA fees?ThanksGlenn
Hi all.I self manage an apartment, the other half of my duplex. I repaired the bath, in the rental earlier this year. I get keeping track of the material costs, etc, for tax purposes, but what about my labor costs. ...
Hi Everyone!What are your experience with the different types of income and expense report published by NAA, ALN, IREM? Does anyone use the submarket data to analyze your deals? I was always told use OE is roughly 50%...
For those who have 5+ flip projects going on at one time how do you track all of your expenses and stay organized? Is there an app out there that I can quickly scan a receipt into an accounting system and have the ab...
Hey everyone one BP!So I am interesting in buy and hold real estate investing. In my area, Corpus Christi, TX, I am running into the issue of not coming up with enough cash flow for the units(SFR, Duplexes, Triplex). ...