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Ok, I hope I can ask this correctly. I am buying 4 townhomes in Austell, GA. I used this calculator to determine if the property cash flows:https://www.calculator.net/ren...As you can see, I did use a 5% vacancy rat...
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Hey everyone. I purchased this property in APRIL this year. It's my first long distance investment and so far it has been going well. Tenant paid on time until July, but then my property management company was sold to...
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I have a loss on a single rental property of about $3,500. Because my MAGI is $150k the loss is phased and I am not able to reduce my income by the loss. If that's the case should I not include all of the expenses t...
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With the end of 2017 upon us and tax season quickly approaching, what general tax strategies should investors, or those looking to invest, make sure they take advantage of in order to get the greatest return and set t...
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I was wondering if anyone on BP can help me with rehab estimates for a property I am running numbers on. I have forwarded the pictures to a general contractor and I'm waiting for a reply but I thought I might get some...
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What to look for when taking insurance for a 6 unit property?
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I have some fun accounting questions I'm hoping someone can answer.
So I'm pretty sure when I purchase a house to flip, it is recorded as inventory, then expensed as cost of goods sold when the house is sold....
Do you pro-actively save for major projects (new roof, new HVAC, new water heater, etc)? Or, do you sort of wing it and hope for the best, knowing that you'll probably have enough cash on hand to cover something li...
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I'm a new investor living in/looking in the Cleveland market, interested in cutting my teeth on small multi-family apartment buildings (<10 units). I've been crunching numbers on some of the deals I've seen offere...
I never looked at the files that my CPA was submitting for me. Now I started to look for the previous returns and I've noticed that the stock transactions were not reported and several other small things. This presuma...