Kyle Bigger
First Post but not new to BP
I've been a member of BP for a while, and I absolutely love this site. For some reason I was under the stipulation that I couldn't post unless I bought a membership.
Dulce Davis
ISO 100% Commission Investor Friendly Brokerages in Texas
When I interviewed my current 100% commission broker I laid out my plans as an investor to which he was good with. Apparently his mind has changed. My business has been hindered over the few years since I do not have...
Jon S.
Good Software for Budgeting & Tracking Renovation Expenses?
I'm looking for user friendly software to estimate, budget and track all renovation costs and payments. I'd like to hear how others are handling this and what you think of the method your using. I'm open to any system...
Frank Jiang
Does Prepaid Rent Require Escrow Account? (Memphis TN)
Hi BP,I am currently changing property management for one of my properties in Memphis TN. As a last act of something the old PM has somehow convinced the tenant to prepay through July and decided to charge a manageme...
Michael Pilolla
Is This Rehab Breakdown Acceptable?
Hey BP Peeps,I'm closing on my first property and I'm very excited. I'm working with a contractor who's done work on my primary residence (and is now a rental) and he's always done great work. He's an investor as well...
Mike Weiner
Calculating CoC Post Income Tax
Hi All,I am currently having a debate with my partner regarding cash on cash targets. Currently we are targeting 20% cash on cash returns after mortgage. Our previous experience has been with SFH and we find 15%-20% a...
Sergio Alvarez
Newbie - What am I missing???
HI BP's,First time poster and need your help analyzing this deal since I have been running some numbers on different properties. Not sure what is your take on this deal? Am I missing any other expenses that I am not ...
Joshua Mahler
Deductibility Question
I'm an aspiring real estate investor but haven't actually invested yet. If I'm purchasing books to educate myself, is that deductible? If so, where on the return would I deduct it? Schedule c (even though I don't have...
Aaron Linden
Reject Applicant For Tenant References
Hey BP,Situation: Potential tenant applicant uses a person convicted of dealing cocaine (felony) and convicted of felony forgery with intent to defraud as a character reference. This person happens to be an in-law.Now...
Account Closed
DSCR Calculation in Multifamily with Upside
Hi everyone, I have heard a lot about DSCR loans, which sound promising for several reasons (feel free to give your opinion if you think otherwise). However, I'm wondering how to manage the disconnect between the comm...