Doug Pape
Establishing percentage of 1031 exchange in multi family property
We are exchanging into a multi family property that has a main house with a small cottage in the back. We plan to occupy the cottage and have a value calculated off of the appraisal comps. Can I use that value as a ...
M T Naughton
Good deal? - STR - Austin, TX - Duplex
Hello,
I hope everyone is well! I'm about to close on a duplex in Austin, TX. I currently own one and sadly the cost of homes has gone up so much that doing it the traditional way no longer cash flows. As such, I'm c...
Kelley B.
Quickbooks a requirement?
We will acquire about 3 rentals this year and we plan to flip 2-3 SFHs also.Is Quickbooks a 'requirement' to keep everything tidy for the CPA or can it be done in a spreadsheet just as well?Any links to good Excel spr...
Matt Henshaw
North Kansas City
Hello, BiggerPockets! I live in a town just north of Kansas City, Missouri. I have been investing in Real Estate (although not full time) for 10 years. I mostly focus on buy and hold properties. I am always lookin...
Matthew Patton
Newbie from St Petersburg
Hello! New to investing in real estate and on the cusp of making my first purchase. First purchase plan is a 3 or 4 plex with an FHA loan. After that I'm interested in SFH investments. I'm quite happy with my career s...
M. Anthony Contrascere
Places to find rental comps
Hello everyone,
I would like to have everyone's opinions on the best tools they use for finding rental comps in certain areas. I know of Rentometer, and I also use Craigslist and search the specific location with the...
Ryan Cummings
Looking for financing options
I'm finishing up my MBA and won't have my W-2 salary until middle of May. I'm looking to get a mortgage based on projected rental income for a property, specifically for a short-term rental in the Nashville area. Wher...
Rhett Kelton
2nd position for DSCR
My situation and I am looking for any recommendations or paths to follow.I purchased a 5 unit property at auction in January 2022. Purchase price was $451,000. I originally bought it with hard money, as I had a pers...
Adrian Smude
Bird Dog fee
I closed on a deal last week that I got from a REIA meeting. The girl did not pitch it to me, but brought it up in conversation. She works for a real estate data company as she learns about REI. Her boss is a broke...
Cj Villanueva
How to set rental price? (Duplex)
Listed for $338k, mortgage would be around $1600/month. 2 beds 1 bath per unit. What would be a fair price to charge for each unit? Each unit also has their own garage. Thanks in advance! (Aurora, Co)