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Hey all, So I am closing on a home today in Atlanta that I plan to stay in for a few weeks out of the year on and off, and rent it out to business travelers via short term leases, Airbnb, etc when I'm home in CA. Next...
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After such a positive response from my first thread on the BRRRR model in Metro Detroit, I wanted to share a new strategy that I've successfully implemented into my business which will MAXIMIZE CASH FLOW from small Mu...
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I just saw this on a FB group. Thought I'd share for those that might ever need something like this. Thoughts on this? I almost needed it with my last guest.... :-)UNHAPPY GUEST response: Dear Guest, Home is where the...
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Hello BP Nation - I am happy to report that I will closing on a 56 unit complex this week. I will post more details regarding numbers but the short of it is as follows:
56 unit, class B building in class B ar...
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Hi all!Thank you for taking the time to read this and chime in, your opinions and advice are welcomed and appreciated :)My business partner and I decided to start a wholesaling business in order to grow our flipping p...
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My business partner and I bought a property in April 2021 that has 6 duplex’s / 12 units. We have converted 4 units to ABB this far with the first unit online in October 2021 and the 5th to be online by September 1....
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I am looking for any advice and ideas for checking and savings accounts for rental properties for purchase and management stages. My questions include:-Do you have a separate savings account for acquisitions? -Do you ...
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Hello,I am currently in escrow for an 8-unit "C" property in Central California and was hoping someone could help me with something. I received the property's one-year P&L statement today and there were a lot of l...
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Hi there! I manage my books currently, but since we bought a new property and I have a full time job, it seems like a lot to keep up with the books. Do you recommend a CPA to handle all things on the books, or should ...
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I started out on the same path that most rental property investors do. I bought a single family rental while working a full-time job, kept acquiring more rentals over the years while self managing, until I hit about ...