Hi there ! I'm looking for a contractor who can handle a full-gut rehab for a 36-unit apt building in Baltimore city. Any referrals would be appreciated ...Thanks!Michael
Hi everyone,I am a senior in university and my final finance class requires us to write a thesis type paper (research paper with "significant original contribution" to the topic) and so I was hoping to spend this time...
I am new to BP and live in Des Moines ia. A lot of new construction and development entering this area. Looking for advice on whether or not right now is a good time to invest In Multifamily
Property. Things I should...
Quick question regarding DTI for a Fannie loan. As I understand that new rental income (less then 2 years) is calculated as:Gross rent * 75% - DITI = income added What I don't know is whether or not the DITI still cou...
Hello Guys,I have an umbrella LLC in neveda and I have 9 properties total that is included in this LLC. My CPA just billed me for $4650 for Tax preparation for management LLC. Isn’t this too much?Thank you in advanced...
Hello everyone! I am a new investor based in the state of Oklahoma, and also a recent grad from the University of Kansas (whoo!!). During my final year in college I stumbled upon the book, Rich Dad Poor Dad, in which ...
I own a condo in a multi-unit condominium in Manhattan. I recently rented my condo out. I want to depreciate the asset using MACRS over 27.5 years. The IRS wants the building's value in order to determine depreciat...
I was using Quickbooks to keep track of all my expenses and profits for house flipping but I found it confusing. I had a ton of tools I was never going to use. Is there a basic, simple tool out there that I could use ...
If you've been around these forums a while you may remember @Justin Goodin of Next Level Equity. He used to troll these waters for suckers very hard until I found out that his claimed experience and transaction histor...
I have been looking into registering my Doing Business As and I found numerous ways to do it only and various prices. Do you guys have any advise on how to do it best? Asset and personal separation from my business is...