Good Morning BP,I am planning on writing an LOI for a property in the next week. The deal will be either a 4, 6, or 10 unit property(depends on who accepts my offer). These are all LTR that require some work but the e...

I'm curious about what others think of this as a viable strategy. Essentially, it goes like this. Find a property that is available for purchase well under market value, say, 75% (so a property valued at $400k that ca...

hello all.My 1st post on this forum.  Wondering if someone can help me out with a couple of tax questions I have.  Any help is greatly appreciated.1.  Recently bought a property and as part of the 'Option Period' I ha...

My wife and I are exploring options for financing our first rental properties.  We would like to free up some cash to make improvements on our current home, move out into a multi-family property, rent the other units ...

Hi BP folks - any Quickbooks DIYers out there?I just started doing Quickbooks effective 2014 and got some help from a bookkeeper to do the journal entries from the HUD1's to add the rental house assets I purchased thi...

Fellow investors and syndicators,

What are some of the core KPIs that you look at for benchmarking whether or not you'll move forward with a deal? Could be things like...

Short term
Cash on Cash return
cash fl...

HELP!!! I have a loan maturing in February and I'm out of money for the Flip because it went on way longer than it should have and the last thing that is needed is a roof estimated at about $8800. I got this fix and f...

Hello all!I have a situation that I haven't been able to find much info about in past forum posts. I bought 15 acres of land in Texas with a mobile home about 6 years ago and I have about $50k left on the note. The mo...

Hello, I’m looking at buying improved land in a market near mine (Spokane, WA). The goal is to buy land while cheap(er) and sit on it for a year or two while I raise capital to build and hold a fourplex.
I don’t have...

Greetings BP ~I am hoping to receive some feedback on the financial feasibility of this plan and/or some tips to improve it.  Thanks in advance.*I currently live in the Northeast (U.S.).  I plan to purchase a primary...