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Hi all - I know this topic has been hit on a few times but I wanted to ask my question in a very specific manner to get collective expert feedback. I understand I should consult my CPA, and I will. They are, however...
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Hey everyone, I have a checking account I use to manage my rentals and other business expenses. I have positive cashflow on all my rentals so my balance in this checking account is accumulating but earning zero intere...
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Pardon my ignorance, but in reviewing some income statements for investments I'm trying to make sense of some napkin math concerning Net Income and Distributions. For distributions to occur for a multifamily property,...
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Investing in real estate has increased in popularity over the past 8 years becoming a popular investment vehicle, the art of buying to rent really became a broad market approach shortly after the 2008 housing crisis. ...
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Hello BP!I'm having a mental moment I thought the kind BP community could assist with! I recently sold my first property (I've historically been more of a buy and hold kinda guy), and I'm struggling with the QB journa...
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Looking to purchase my first property and I’m looking to do a house hack (live in one unit and rent the other out.) I also have a roommate that might possibly be living in one of the units with me, so I’ll also be usi...
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I have a 4 Unit in a suburb just outside of Albany, NY which has one gas/electric meter. We also pay for water/sewer so we hit the trifecta (maybe that's actually a pick 4)! I am now pricing out a utility split but th...
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I am going to look at a 3/3 with a full un-finished basement today.Price = $130,000Median Neighborhood is $155k.Rent around $1200Options:1. Pure rental property2. Finish basement and flipI just finished my primary hom...
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Hello All,My wife and I have been actively working with our agent to find a small MF property (<4 doors) to live in as first time home buyers in Austin, TX. We came across a potential value add duplex (built in mid...
Hello biggerpockets world! I'm new here and looking for guidance on investing in rental properties with non-qualified dollars, vs investing inside my solo 401k.I triple majored in Real Estate, Finance and Economics f...