Erin Elam
[Calc Review] Help me analyze this deal
View report*This link comes directly from our calculators, based on information input by the member who posted.Hello BP, please take a look at this deal with me. I have a few questions if you don't mi...
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formulas
Feel silly asking, but I need a little help with 2 formulas.
1. figuring out a P&I payment on a loan.
2. how to determine your maximum investment value from your maximum P&I payment. Not sure if this is t...
Kevin Tillery
INVESTORS, HOME OWNERS, LENDERS, CONTRACTORS, ETC. BEAWARE!!!
Good day. This letter is to inform you about Marcus Mullings, and to ask that you spread the word about Marcus Mullings so he won’t steal from anyone else! Rather than spending time finding and closing real estate dea...
Anthony Liguori
Grounds for eviction ?
New Jersey- So I received a summons in the mail stating that I had to go to court. So the summons was charging me for 4 different charges pertaining to repairs in the rental apartment.. I never knew if these issues an...
Nathan Saetveit
Home office - filing IRS 4562 with unallowed depreciation
I'd like to claim a home office deduction (I've reviewed the details and I'm eligible). It's my first year with a rental property, and I did not have a profit (on paper), so I know that the deduction and depreciation...
Gabriel Orduna
Considerations Choosing partners
I am currently considering a partnership with someone. I wonder what to consider when entering into a partnership. I remember from one of the podcasts that everything should be spelled out in the beginning and I jus...
Ken Morris
Maintenance request question.
Maintenance- As of now I feel maintenance requests are the only aspect I would really like to experiment with. With a growing number of tenants, keeping up with what tenants request and don't (what we schedule vs. ten...
Kenda Bell
Baltimore City Lien Sale Starts less than 2 weeks - WHAT SHOULD I EXPECT?
Hi Everyone,I have my list narrowed down to 23 properties ...gonna cut it down some more by next friday. Has anyone here participated in the online auction for Baltimore City?I am still a little confused ...1) After I...
Michael Smith
Flipping Houses - Journal Entries in Quick Books
Hey BP! I'm currently mid-way through my first rehab, planning on building a scale-able business and turning over at least 5 properties next year.Up until now my Chart of Accounts in Quick Books has been set up to han...
Jessica Wood
Water leak + pit bull
Overnight the ceiling in the main floor bathroom of our four plex collapsed due to a water leak. We tried to enter the unit above to shut off water and there’s an angry pit bull inside. Lease says no pets. Can’t get a...