As investors we are usually looking for one of two things, sometimes both. 1. Cash flow or 2. Appreciation and if you can get both, that's a bonus. Keep in mind that Flips require appreciation to be profitable and are...
My wife and I currently have 3 properties between us. Our primary residence and her original home are in NH. We have been renting her place to long term tenants for the last 7 years, she has owned it for 18 years. Our...
I currently line in Washington state. I bought my house March 2007 as a foreclosure. Then 2008 happened. So here we are in 2017. I owe $240,000 and house is approximately worth $256,000. My daughter graduates high sch...
So I'm about to close on a house that is currently a 3/1.5. I'm expanding that .5 on the ground floor into a full bath, but I don't know if I should turn the room that the entrance is in into a small master bedroom (w...
Hi,I was wondering if any investor or CPA can chime in on their thoughts about switching away from Quickbooks to another accounting software?I have been using Quickbooks online for years and love that it's the industr...
Let's say I made a 100k passive LLC syndication investment #1 a few years back. It sold this year with 10k of total cashflow and 50k of appreciation. If I invest in a new 100k LLC syndication deal #2 this year and it ...
I don't think I've been this cautious in a long time. I think there are still good opportunities but some markets are just bonkers. I'll caveat this by saying it's not just real estate, all investable asset classes se...
Good evening BP community, I’m checking in to get a few thoughts related to utilities being paid by the tenant. What’s the standard in Chicago for what utilities tenants are responsible for these days? I have a multi-...
Hello BP superstars (and rising stars)! First of all, thanks BP for all of the knowledge, great stories, and for the encouragement to be cautiously courageous in real estate! This place gets my blood bumping with exci...
I've finished my first solo live-in flip (Mindy Jensen style) and have the option to take on a much larger project, my parent's partially renovated home. They got the garage and bonus room above it down to the studs b...