I'm looking for advice on how to best outsource bookkeeping for a rental portfolio of 15 - 20  SFR and small MFH units.  Here's some background.  1) I suck at bookkeeping.  I'm in the process of getting everything cau...

What’s up y’all. Shawn the Newbie here. Me and 3 of my friends have pooled money together and starting a real estate investing company. We spoke with one accountant who suggested we become a nonprofit as opposed to LL...

This subject has been poked around in several posts on BP and I am interested to know what others' opinions about it are. For the purpose of this thread "seller financing" is defined as follows:

1. The seller has a...

It seems like in the last couple of months I have seen a massive increase in posts of newbies who want to start out by wholesaling with low/ no money down and think they'll make a killing.  Oftentimes the questions re...

Just got our latest estimate for our Phase 2 of a location. This is for your normal drive up units. Last fall Phase 1 we were $3,200 erected for 10 x 15 or 10 x 20. This was contracted around February of last year. La...

I am preapproved for a loan for a rehab that includes rehab funds. I need to bring 20% to put down which we have, but I have a private investor willing to put in the 20%. I initially thought to pay him 1 pt per mont...

Ok I know no one on here is going to tell me to break the law, so if there is something you can’t share with me on here publicly, please message me privately, but my question is about permits. How important are they t...

Hello, I am learning about real estate and I think my first step into the world of real estate and was thinking about getting a traditional FHA loan and then heard on the podcast about something called a 203k loan. I ...

Yesterday, we closed on this 41-unit apartment deal and netted $627,643.32 in profit (just from the sale). We actually made MORE than that because we've made good cashflow from the apartment building during the time w...

I know I'm not doing this right, and could use some help/guidance/suggestions.Back in the day when I had just a couple of rentals, I could do all my personal finance and budgeting using mint.com and google sheets spre...