Hello All, First post! Here it goes..My company is currently attempting to start a successful property management company. They have tasked me with setting up the bookkeeping and accounts. Current set up: We created a...
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It looks like the hotel industry would not fully recover for a long time, so what are your thoughts about converting hotels to multifamily? It seems there could be an attractive entry point in this environment. Concen...
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With every week a new house sells and set a record in its respective area, with this trend having gone on for months the big question on everyone's mind right now is, is there going to be a big correction in the marke...
I have not posted on this site before but am curious to find out if it really is as powerful as every Podcast seems to suggest. By way of background, I am a CPA in Colorado and earned by Masters in Tax from the Univer...
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This is the first deal that seemed to make sense to spend the time to analyze.Deal OR No Deal? That is the question.What should I be looking at? I'm actually interested in cashflow, but would consider a value add, wh...
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Up until this point, I've been using flat fee listing agents to list my properties, main reason being cost ($500/ listing vs 3% of sale price). But as time has gone on and i'm listing more properties, my flat fee a...
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Hey everybody, I'm in a situation I never saw coming, and hoping for a little advice. I bought a house with my ex, and after a few years, we split up (on good terms). She wants to buy me out of my share of the house, ...
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I had 2 rental properties in Chicago (I dont live in neither). One of them became a nightmare so I sold it a few months ago. I sold it for way higher than I bought it. I have all this cash in hand and I feel IRS is go...
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I've got a decent sum of money that I'd like to deploy into real estate. I've been listening to the BP Podcast and reading real estate books for a while, but I'm having a hard time figuring out what direction to go. H...
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I understand that debt to income ratio is very important with the first property you buy, mine is comfortable 30 %. However, if looking to go into a 4-unit property as a second property, in my case it would raise my d...