we paid cash for a multifamily property. When creating a monthly profit and loss statement do you include property acquisition as an expense? Or do you just include it in the balance sheet and don't really count it as...

When I have to ask this question on BP it's time to find a new accountant. LOL. I will get my first 1099 from Airbnb this year. Do those numbers get transferred to a schedule E or am I actually paying regular old 1099...

We bought our property back in January. Our goal is to buy a property a year so I thought it was a good idea to open a LLP to manage said properties. recently we discussed this with an accountant and he said there wer...

I was on the phone a couple of weeks ago with an investor who took the advise of his attorney who was not educated on Subject 2, The investor bought the property a little over 5 years ago, gave the seller $25,000 for ...

Hello! My question is very location specific. I live in Columbus, OH. Where I plan to invest in my first multi home building. I will be seeking an fha 203k loan as I don’t have much liquid cash to get started. (Want t...

What are some books you would recommend people to read who are still starting out in Real Estate? It could be books that aren't directly related such as books about finance, psychology, or goal planning.

I usually do my own rentals and traditionally have bought American Craftsman Series 70 (Home Depot) or Lowe's ThermaStar by Pella. Typically windows run me $200-$300 for these entry level double-hung, low-e, with half...

For purchasing properties (buy and hold) with a business partner (not my spouse) is a general partnership or an LLC the better choice?I've always thought an LLC was the way to go, but we were chatting with a lawyer an...

Hey guys/gals.  I'm a newbie here on BP and I just received the following six books but I'm looking for recommendations on which one to read FIRST.  If it helps determine which book gives me the best bang-for-the-buck...

Hello,My name is Sabrina. I'm just starting out in the real estate Investing world and one of my top priorities at the moment is reading/listening to as many books and podcasts as possible. As a newbie sometimes not k...