Hi there, While finalizing my 2018 taxes, I found an error on my 2017 Schedule E, Depreciation calcs.In 2016, my accountant used the straight line depreciation method for "Appliances". The following year, I used the ...
Hi. Could someone give me their experience with Quickbooks, Quicken, or any other accounting software? My rental property is small and doesn't generate too much income, but I have expenses that I need organized. An...
Hello Fellow Investors,I am excited to be under contract for my first STR property, but I am getting nervous about the many things I'm already discovering. I am surprised that my lender is asking me to access Social S...
Hello everyone,I recently read a post and wanted to share my experience with The “Flip System”, as I believe transparency is crucial when considering investments like this.
I come from a blue-collar background as a f...
Hi Guys,
I am fairly new at this and was wondering, on average, how many times does your tenant asks for things to be replaced of fixed ? I've had a new tenant for the last 3 months and I keep getting requested to ta...
My First Multifamily Full Cycle Success Story: From Busy Attorney to Real Estate Investor
I’m thrilled to share the complete journey of my first real estate investment—a 44-unit multifamily property in Lawrence, KS...
As demand increases and foreclosure inventory continue to shrink I'm finding the competition for single family homes in the $25-$35,000 price range to be getting out of hand.Not long ago I acquired a parcel of land th...
Aloha BP community! Hope all your ventures are going well. I have been on a soul searching adventure during this pandemic which has lead me down a path of financial literacy and a more recent love for building real es...
Greetings All, I went through an entire eviction process where the tenant did not answer the UD complaint and therefore was granted a default judgement (I started this because I increased the rent and tenant continued...
Hi, We have purchased 2 rental properties in Illinois and have put 25% down on each. Where can we borrow money and lower our down payment? We want to continue to purchase but at this rate it will be difficult. Than...