Pittsburgh: I am planning to purchase coin-op washing and drying machines for two of my apartment buildings. Does anyone have suggestions regarding a vendor, make and model, etc?
Are there any specific rules for saving/Accounting for Capital expenditures? I want to get a better understanding of how much should be put aside each month for Cap Ex. Also if it is possible is there an example that ...
Morning All!I'm excited to say that I have taken the first steps to purchase my first rental property with another investor in my area. We are purchasing two rental homes in the area under a LLC. Has anyone personally...
Hello everyone! I hope everyone is doing good and staying safe through this tough period. My question is about financing properties; how many units do you finance at the same time? How much are you willing to go in de...
What should a comprehensive presentation plan for your lender include so they know you have all your ducks in a row?My last question before I decide if I want to go BP Pro.
I currently own SFH's and a 4-plex. Looking to expand into MHP.
Considering a MHP built in 1969 with 22 sites, all owner owned homes. NOI: $101,866 (Revenue: $110,000 - $8,134 expenses) Asking Price: $1.1M
Total...
What's up BP community!Curious to know if any of you open an individual account to keep cash flow and reserves for each rental that you own. If you do, which ones do you think are best and are there anything that you ...
Hello All,
As a high income W2 earner I am not looking for investments that increase my ordinary income. I recently learned about the existence of debt deals that give off whats considered "business income" or passi...
So my wife and I are in a contract to purchase a 2-flat and we'll be living in one unit while renting the other one. I know that expenses for upgrades and repairs can be written off, but I found it hard to figure out ...
Okay, so I wanna make my first purchase. Do I put it in my name? Sole proprietor? LLC? Why did you choose what you did?