Brad Couch
Beginner in Dallas, Tx
Hello all - I have been soaking up tons of info here on BP for a couple months now and have listened to many of the podcasts and would like to start by thanking BP and all of you investors for taking the time to teach...
Horace Mann
Not finding the rates being discussed on podcasts
I have been hearing that commercial apartment rates are in the 6.5% range from several podcasts recently. I am working on a 7 family and a 9 family deal, but all of my local lending contacts for commercial loans are...
Travis H.
First Time Landlord With Some Questions
Hello fellow BP members,I am excited to say that my wife and I are closing on our first buy and hold/house hack duplex today!So let me paint a picture first. The property we have obtained came with two existing tenant...
Yinna Wang
Real estate professional tax benefits and LLC structure?
My husband and I own rental property together, we are both on the deed. My husband qualifies as a real estate professional for tax purposes. We want to use that to offset my income, as I am the higher earner (I have a...
Jeff Stein
Real estate Bookkeeping
I am About to close on my second property!
I really need a good software program for bookkeepingb and not aure if I should buy quickbooks or a dedicated real estate program.
My business is structured in that I hav...
Vincent P.
Best way to screen tenants?
Hello BP- i am closing on my first two family in Monmouth County,NJ tomorrow. What is the best way to screen tenants for credit, income verification, etc..? Is there a website that you recommend or another way? Thanks...
Malcolm Darensbourg
Trying to create a system
Hi everyone. I'm currently at 35 units and things are picking up fast. I'm looking to bring my son in and teach him more about the business. I have a challenge perhaps. I've never quite created a system yet. So, befor...
Matthew Marcelissen
Landed first flip (Yahoo!)- Need a GC!
Hi, forum!After getting my real estate license, analyzing over 100 deals on MLS, visiting MANY houses (omg Houston is huge), submitting 13 offers in two months (!), I landed my first flip! It's a 4/2 colonial in 7704...
Janelle Hicks
Which deal would you do?
Which deal would you do and why? Ok 3 options we have:Deal A: package deal with 2 houses (2/1 and 1/1) plus a vacant lot asking 140k. Smaller town. Needs about $15k in mostly cosmetic updates but livable now and could...
David Light
Abilene Buy and Hold or Flip?
I have a 3 bed 2 bath under contract in Abilene and the current debate is buy and hold or flip.Here are the deal details:
Purchase: 64,900
Repairs: 16,811
Holding Costs during Repair: 2,500
...