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Hi Guys - I'm new to the rental property game and I have a few questions regarding the relationship between a landlord and property manager.
How does the billing and banking between landlord and property manager norm...
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I have a QuickBooks question pertaining to landlording. As a rule, how are you handling or categorizing the following?:
Cash outs from real estate closings in which the buyer has excess funds left over from a purcha...
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According to an article in the Washington Post, If you are over age 62, your odds of having at least $1million in net worth is 1 in 7.If you are under age 40, your odds are 1 in 55
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Hi Everyone,I understand that the 50% rule is basically, in MF, is the general rule for expenses which includes vacancy, management, trash, etc. But is it taken from the actually income or potential income or potenti...
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I am trying understand how the BRRR Strategy works. Can someone explain it to me with number please. As an example. I looked at a house that is worth 220k and its on the market for 215k. I am planning to put an offer ...
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Hi all,I have a 1BR condo in a very desirable location just outside Washington DC (Alexandria, right off King Street). I bought it for $280K in 2006, could sell for $265K, and currently owe $233K.My main concern is my...
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Feel very excited but also a little nervous!
Closing on a Single family home in Dayton Ohio and using a property management company.
Does anyone have any advice that they wish they had for their first deal? Is ther...
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I'm looking at my first Mobile Home Park deal. I used the BP Rental Property Calculator. I have 8 duplexes, but MHPs are new for me. I've been trying to read and learn, and I'd like to pull the trigger on one. If ...
Name is Chris Lombardi and really just stumbled upon my brand new interest with real estate. A couple of my friends started buying homes and apartments just to live in, so I thought I'd do the same and make some mone...
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Bought my first rental in Oct 2016. Spent a few months renovating, and will be renting starting this month (March 2017). I wasn't planning on including anything rental related on my 2016 taxes, since there hasn't be...