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I have a building that is commercial and residential. Tenant lives upstairs and operates business out of lower level. He pays utilities and I pay tax, insurance, snow removal. If I wanted to give a longer term le...
Hi BP,First time posting. I am currently at contract for a 2 family. The house is set up as a two over two.Tenants currently in place and would like to stay.Property cash flows nicely and the rents are below market ...
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Hi guys i wanted to get some insight on analyzing properties. I know you've all heard this a million times but I am also a newer member to the Bigger Pocket platform. I am still in the learning phase ( YT, webinars, b...
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Situation: I purchased my first home last year with the BRRRR strategy in mind utilizing a VA loan. Purchased for $75k and sought out a $30k personal loan from a family member for the rehab portion. I set up an LLC fo...
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I'm trying to migrate from e-rent payment to Innago. Innago is asking for date of birth and SS. I'm a Landlord of several properties under different LLC's. I am also a realtor that handles 15 properties and different ...
Rent increases at a rate of 1.6% per year. To calculate total accumulated cashflow, I calculate: income (+1.6% annually) - operating expenses (changing over time) - mortgage payments (constant). At what rate do operat...
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Howdy BP!
I have a business accounting question. I own a 4-plex in an LLC that has shared water and gas. I am using QBO and want to account for utilities that I initially pay for (since they are shared throughout th...
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I am wanting to identify raw land parcels in my area with certain criteria that I can prioritize based on specific variables. I do a lot of GIS work in my day job, and have done similar stuff, but never exactly quite ...
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So today was exciting, I spoke with my first seller who sounded motivated :). I was driving for dollars and found a home with yard work needed. Called the owner and had a good convo. I made an offer on the house which...
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I would appreciate any thoughts as I am considering making my first rental property purchase. I found a single family unit on MLS that sounds like a great deal but I want to make sure I'm not missing something 3 bed 2...