Vahid Mostafavi
How would you determine the maximum budget for rental properties?
We are putting together our strategy for rental properties in Houston. We own rentals in Canada but are pretty new to the market in Texas. One question we had, was about the maximum amount spent on a single property. ...
Christopher Mooney
What to do with $300-$500 monthly budget and virtual?
Hey all!I live and work in NY, but am interested in off market marketing in Cleveland, OH and Kansas City, MO. I intend to wholesale some, but the goal is to keep as many properties as possible (wholesaling to fund bu...
Rob Strickland
New Construction Budget for 3 Unit Multifamily in Cleveland OH
I bought an existing 3 unit property in Cleveland OH along with the empty lot adjacent to it which I'm looking to build another 3 unit, 1000 sf per unit multifamily on. The properties are located in the neighborhood ...
Pete Fiannaca
$1500 budget in New York State... Best spot to start?
Awesome BP'ers...I just began my career as a REI in July, closing on a SFR in the Rochester, NY market. I took an action step... which is better than most can say, and now I have an issue. I'm addicted. I've listened ...
Jon Martin
Does Cost Analysis, Bookeeping, Budgeting etc Count as Material Participation?
Next week I am planning to do some extensive year end cost analysis on my expenses so I can figure out how much is going towards cleaners, toilet paper, coffee, misc expenses etc. Can I count those hours as Material P...
Cooper B.
Using quickbooks to keep track of rehab costs vs. budget
Is there a way to easily use Quickbooks to track expenses for a specific rehab project (flip) against an initial budget?Let's say at the beginning of a new rehab project I have estimated amounts for the labor costs, m...
Miguel Castillo
My biggest project thus far, yup I went over budget.
Hello all,Basically I just want to share a project I picked up last December, I purchased a HUD home with the intentions flipping it and selling it, but I want to hold on to it and list it on Air B&B. This is my ...
Gerry Deida
What are some great credit card management and budgeting tips?
In summary: I'm kind of new to credit cards. I am an expat in Bangkok and I have this credit card right now: However, I would like to know if you can share some good tips with me on how to manage it properly, and more...
Daniel Sisto
Unknown Costs & Best Ways To Save To Fit Budget?
Good afternoon BP,As we all know when taking on properties to invest in sometimes we come across some unforeseen costs that become apparent during the rehab process. No matter how much due diligence you do prior to pu...
Craig Moore
What would you do if marketing budget costed you $0?
Hi BP,I'm curious as to what you all would do if you knew you didn't have to spend a DIME on your marketing budget for wholesaling (this includes letters and postage)? Use your scenario in terms of direct mail letters...