Recently in order to make heads or tails of statements I received, I translated them into something much simpler in excel rather than the AppFolio statements I receive.  This was to understand what money I am still ow...

Hello BP friends,I am a new investor and currently under contract to purchase a Duplex. I have been saving for the last 3 years to purchase a rental property and  found this duplex about 3 miles where I live. Although...

If you do not know what NOL (Net Operating Loss) is, this alert is not for you probably. :)If you carried your 2018 NOL to 2019 or carried your 2019 NOL to 2020 - you only have UNTIL OCTOBER 15th, 2021 to reaffirm thi...

Hi Biggerpockets community,

Can anyone help me with the below issue?

I was recently requested by the buyer's mortgage company to provide the settlement statement (when I originally purchased the property about 95 d...

We bought a foreclosure property in February 2008. We pay HOA dues every month to one management company. On October 1, 2010 we receive a letter, dated September 30, from another HOA company and they charge us on Sept...

I’m starting to shop around for lenders for my first property at the local credit unions. Any advice on information on myself that I should have ready to turn over? Obvious things like tax returns and bank statements ...

I’ve seen this statement in a few listings: ”Engineers inspections are NOT allowed during showing appointments.”I can guess at why it’s there (to mask problems), but would appreciate agent feedback here. What is the r...

Hey everyone,I have a job that pays me cash on weekly and in a year or so I want to buy a house but my main concern is I get paid in cash. I do deposit the check/cash into my account every week. Would I have a much mo...

What documents are typically provided to an investor in a syndication when a property is sold and their capital and "return" are paid? I need to ask my sponsor for documentation and he is playing dumb as to what I'm a...

This is a total newbie question- so I apologize in advance.

Do property management companies typically keep the books on a property for their client (and deliver a balance sheet, income statement, etc)?

Or do they...