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I've been meaning to make a post like this for a while, but haven't gotten around to it until now. I joined BP in the fall of 2016, after having started reading about real estate some that summer. I listened to hund...
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I finally pulled the trigger on my first duplex which is super exciting!!! (It’s been a long time coming). The duplex is in the surrounding Lansing area. I’m doing conventional owner occupied financing 5% down at 4.75...
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I live in a small town in Maryland that has a big shortage in apartments. I want to start out buy building a fourplex using 100% cash. I want to build 2br apartments which I expect to bring in $1,000/month. If ever...
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I have had a property I am flipping on the market for about 110 days. Originally priced it too high and it bit me in the butt. Have since dropped the price to align with the market and have had two contracts, each f...
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I am a newby. I have spent about 6-7 months just inhaling BP (and other) real estate podcasts, audiobooks, and picking the brains of investors I have networked with. I have analyzed, walked through, and even offered o...
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It is a common argument whether buying a home is considered an asset or liability. IMO that home is a liability b/c it takes money out of your pocket, not back in. Even though, yes it is appreciating.Now, my question ...
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It is screening time again and I have an interesting one that focuses on income. I have an applicant for a recently renovated high rise condo who is a retired librarian with no dependents. She has spotless credit, he...
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Hey guys, this is LeAnna. I am a college student in Pensacola Florida at Pensacola Christian College. I am brand new and don't even have one deal under my belt. I have talked to a real estate agent who said that wh...
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Just came across this deal yesterday. The house is worth about 120K, still owes 116K, and has 29 yrs left on mortgage. Monthly PITI is around $850, can be rented for $950. As you can see, it's a low equity, low cash ...
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So I've got a problem and thought the great minds on this site could help me out with my bookkeeping issue.
Our business is starting to grow to the point that keeping the books is taking more time than I want to spen...