Aaron Smith
Who to Use for Umbrella Insurance Policy for 20+ Properties?
Hi BP, I have over 20 properties, most in my personal name but a few in an LLC. I want to get an umbrella policy to cover all of these properties on top of the $1,000,000 liability I already have on each property. M...
Chase Hoover
Vacation Rental Bookkeeping
PMs - How do you keep up with the whirlwind of bookkeeping involved with vacation rentals? I've tried different vacation rental softwares that feature "integrated accounting" without much luck. For years I've used s...
Jason Powell
Ever Done Cost Segregation?
Has anyone ever done a cost segregation without the use of a firm that charges a lot for it? I have a buddy that's doing it himself and providing an excel sheet to a legitimate accountant. Any pros and cons to this?My...
BW Miller
Foreclosure Auctions and Encumbrances
I'm investigating a possible property purchase through an online auction. A lot of online FAQs and websites talk about possible encumbrances attached to the asset, be it a mortgage, or a judgment or a tax lien. For ea...
Duke Giordano
Cap Rate Evaluation for LP In Real Estate Syndication
Hey Guys,
Thanks in advance for your response. I am in the process of trying to refine/mature my syndication vetting/evaluation as an LP and trying to clarify some of the more tricky terms in the PPM or OM of the de...
Denny Cash
Tracking Categorical Expenses
Hey BP Fam. This is my first year as a landlord. I have grown to having three single family properties and one duplex. As I have grown, I have learned (continually learning) more on how to structure my finances to ens...
Laura Williams
What is the absolute minimum down a lender would take?
I'm looking to make my first purchase on a 700k property. I have never gotten a home loan before and while I can cover a large mortgage I don't currently have a ton of cash.
The disclaimer is that I'm NOT INTERESTED...
Chris Sharp
Partnership Question Regarding Real Estate
Hello everyone,I am trying to partner with my father -n- law on a real estate investment but its kinda of a mess. Currently my father n law owns the building and has $125,000 worth of debt remaining on his loan. We re...
Sam Burnoski
Seeking 75%+ cash out DSCR refi (from non-traditional lender?)
I have a 4 unit in a bridge/rehab loan that I need to refinance. The property is in IL. The property numbers are excellent. I am a very experienced real estate investor and house flipper.I'm having a hard time finding...
Rick Jones
How to write off general business expenses with several rentals?
Hi All,So might be a stupid question but here goes... What is the best way to categorize expenses that are for your overall business operation when you have several properties? For example say I purchase a printer, st...