I have read his book "The Complete Guide to Buying and Selling Apartment Buildings" and I'm creating a spreadsheet using his "Value Play" model. And one of his calculations is confusing me. How does he come up with t...
How do you structure your Quickbooks for real estate investing? More specifically, how do you track profit and expenses for each property (by classes? customers? rentals?) What is a good resource for Quickbooks that i...
I have my first SFH rental. I have home owners insurance on it. Property is in LLC name but mortgage in mine. My question is about an umbrella policy. I currently have a policy on my primary residence. Do I just add m...
I'm looking to become a commercial real estate broker specializing in Industrial and Office, and am in need of some books that most comprehensively outline the life cycle of a commercial real estate deal. I've found o...
If you are considering starting a direct mail campaign in order to find leads and create deals then hopefully this will help you.You need to drive for neighborhoods that you want to buy in and look for properties that...
My business partner and I have started a small business with just us 2 currently and want to get into wholesaling. The problem is the new wholesaling law. My question is, do both of us need a real estate license, just...
Hello BP,My question is will my investment property get appraised differently if it is in the name of an LLC or individual? I want to make sure I plan this correctly for the sake of lending and liability. Feel free to...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $30,000
Cash invested: $5,000
Duplex, 2/1 both sides, built in 1950
What made you interested in inv...
We just closed on our most recent deal. We had 7 showings in one day. All that came to see it were eager to rent because of its ideal location. The property was in good condition when we took it over, so good, that we...
Looking a buying a non-performing business of an art workshop franchise. Being a franchise, can't share any of the numbers (signed an NDA).
Labor costs are way too high, and the owner is barely involved. There's alw...