Pamela Winslow
how do you turn property analysis into financial mgmt plan
Hello BP world! I am a new investor looking for my first property. For all of the great advice I have read on this site, I have not found anything that explains the best way to manage a property's financials? Shoul...
Phil K.
HELOC vs Second Mortgage - for rehab - need some expert advice!
I have a family member who owns two houses, free and clear - no mortgages and no HELOCs.
The cheaper house, "House A", is about three times the value of "House B". Both houses serve as on and off again rentals.
B...
Derek Young
Rental Finance organization help
Hi all!
Brand new to this and just starting to get my feet wet. Will be renting my personal residence out soon to grow my money and enter the world of tea estate investing. What is the best way to separate my finance...
Jason Turgeon
Bookkeeping software for owner-occupied duplex?
What are those of you who house hack or live in unit and rent out another doing for bookkeeping? I live in one unit (40% of building). My tenants live in the other (60% of the building). Their rent is less than my mor...
David M. Hagley, Jr.
Deal Analysis References
Is there a good reference book that shows the formulas and methods for analyzing real estate deals? I know that the calculators are on BP but I want to understand what goes into the analysis for various strategies. ...
Jonathan Beckett
1% rule on multi family
In your opinion, is the 1% rule as important? I’m considering 2 properties as they are both very close to the 1% rule. There is some upside in raising the rents but some are long term tenants.
Greg Pasquale
Anyone familiar with something like this?
I'll give an example of what I am thinking of doing and if this is a viable strategy.Full disclosure I am relatively new and learning and taking my lumps as I take action as well as I speak with more and more people.I...
Luke Franklin
Help with numbers on first multi-family property
I’m considering buying a multi-family unit as my first investment property. I will be living in one of the units initially, but I’m running the numbers as if the property will be a full rental property. I don’t p...
Miguel Hernandez
Do I qualify for any tax benefits?
Hello BP members. As the year comes to an end I’m happy to say I am 95% done with my first BRRRR deal. It is an out of state duplex.
I always hear people say that buying real estate can help decrease your taxes. Curr...
Jacob Smith
Fix and Flip with Hard Money
My business partner and I are looking to get into our first fix and flip. We don't have the cash to buy and rehab the property ourselves so we're considering using hard money. We are located in the Twin Cites area and...