What's up guys,I am looking to close on my first duplex within the next month and I am in need of some advice. What is the best way to keep track of all income/expenses? Should I set up a new bank account for just my ...

I'm not sure how to design this business partnership.  Scenario: 2 deeded properties that abut one another that share a driveway with a 14 car parking lot (the parking lot is split in the middle, but the driveway is n...

Hello everyone, my name is Derek Caldwell. I have some questions on how I need to structure myself to begin investing in the market. I am in Utah and was wondering what critical things I need to have in place before s...

I have a property being offered to me at a great price and another investor that I'm friends with wants to go in on the property to set it up as a rooming house.  It is zoned as a commercial "Inn / Lodge" but has not ...

Hello Everyone, so I have one fourplex and looking to close on another one in a month. Started my purchasing process in March after listening to podcasts and audible books from Dec to Feb. One of the things that @Davi...

Hi,Im in the process of closing on my first deal and will try out managing the property myself for the first year.  What software do people use to manage the bookkeeping? Excel? Quickbooks? Or is there some other prog...

Hi, I am starting an LLC here in Oregon because the outfit I will get my first financing from will only loan to an entity. I plan to file a simple LLC, I've seen the articles of organization form, its pretty simple...

Hello BP
When looking for a conventional mortgage from a local bank, would you bring Comps with you? I am still working to purchase my first investment and when talking with the lender it seems like it could reduce th...

Investment Info:

Condo buy & hold investment.

Purchase price: $174,990

Cash invested: $46,000

Apartment / condo 1b/1b purchased across street from NAU. Purchased for daughter to live in during co...

I specialized and did very well in a housing niche for many years. Renatus recently contacted me about being an instructor (‘practitioner’) for them. I hadn’t heard of them before and wondered if anyone had an opinion...