James Mays
What is a "Book Keeper"?
I currently have a 1 LTR condo in Orange County, CA with the goal to expand 3-4 in 2024. As I start to expand I do not want to get caught in a paperwork pile. In terms of a Book Keeper what do they actually do to prov...
Ken Rodriguez
BASICS: HOW TO KNOW IF THE DEAL MAKES SENSE
Hello all,I am just starting and am eager start investing in rental properties. I have been wanting to do this for so long. I have so many questions, so here goes nothing:1. Where do I get rental data (how much I can ...
Account Closed
50% Rule and Analysis
Hey everyone,I am a new investor set to buy my first home. I have my team assembled, down payment ready, and am now looking for a deal. I'm mainly looking for 3 bed/1 bath houses around the $40-60k with little rehab n...
Derek Luttrell
Taxes for Renting Bedrooms
Hi everyone, I closed on my first purchase about a week ago (house hacking through roommates), and today my roommate sent me their $900 rent for August via Venmo. Rookie question here, but what do I actually need to d...
Elaine Jordan
Moving IRA money to a Self-Directed for Investing
Write Hello BP community! I am a newbie. Joined BP last year and closed on my first rental half duplex this past November. The duplex is rented and is cash flowing almost $300 a month. But - after buying that rental w...
David Davidson
Invest in existing loan or more leverage?
I'd like to solicit the collective wisdom of BP for advice on deciding between two scenarios to invest a small windfall. I have an existing cashflowing duplex with great tenants, and I live w/in earshot of, w a note ...
Bryan Hancock
Liens As "Financing" When Purchasing For Cash
I read about the thread subject in a book from an expert last week and it made me think about things a bit. With institutional lending on a project I am assuming you will virtually always have to pay off liens at clo...
Tiffany Smith
From single family to multi family
Hello BP friends I am looking for advice. We have 3 single family investment properties. While we have been successful in cashing in the equity (brrrr), the monthly cash flow isn’t where we want it to be. I am cons...
Corban Kurz
Albuquerque - Dealing with Solar already on a property questions
Greetings All...I am curious if anyone has experience with Solar Contracts. The back story is that I have an off-market lead for a rental gone wrong that they want to sell quickly and easily. The mother (an older lady...
Rafal Soltysek
Investing in Las Vegas
Are there any small investors here, who invest in properties in Vegas Valley? I don't mean BIG Guys with cash in suitcases .... what's worth to take a look at in this area/market ???.... was thinking of buying 2 ren...