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There's all these formulas for calculating expenses and backing in to cashflow, right? How do you guys manage this operationally? In reality, rent will hit your bank account, but it doesn't separate itself into specif...
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Hi.
The only real estate investing experience that I have is with my primary residence home.
I am learning a lot by reading posts on this forum and books from Brandon Turner.
I purchased my primary residence, si...
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Hey guys I recently got a heloc for 55k @ 3.5% we also got my wife pre approved for a mortgage to purchase an investment home we plan on holding. We currently keep about 4-5k monthly in our account. I know the bank is...
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I am new to investing in flips and rents. I have an investor providing capital for my venture allowing me to do the sweat equity - hands free. I have recently purchased the 90hr real estate course to get my license in...
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Hi BP family.
Quick question:
Lets say, I paid $100K cash for a property purchased under a LLC. Few months later I refi'ed the property at a slightly higher amount and the bank paid the llc back $120K.
If I use the...
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How do I provide proof of funds for a wholesale transaction?
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I'd love to hear some personal accounts from those of you who have personal experience structuring a seller financed deal
1) How did you find the deal
2) What negotiation strategies did you use to formulate the dea...
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Hi All,Hope you're ready for the upcoming week!For anyone who's worked with Shawn Huss and team at Chemical Bank, do you know what their policies are with transferring title from a personal account to an LLC? I doubt ...
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Good morning BP Community. I was turned on to Dwolla several months ago as a decent free alternative to receiving (and sending) $$ for tenants. Last week they announced some changes that appear to impact all of these...
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Hi all,I had a pretty general question, I'm wondering what people use to track their expenses for rental properties. I only have one property now that I'm fixing up so there is always and expense. For now I'm just usi...