Hey all! Hoping to get some advice from my fellow landlords who manage their own properties. I currently have one SFR (4 bedroom) that I rent out room by room. I do my own finance tracking through some basic Excel spr...
Hi BP!I am a partner in a multi-member LLC, taxed as a partnership. Since I'm actively managing, I pay myself a management fee and 1099 myself at the end of the year. I like to show the income to season my tax returns...
No matter what your career field, it is human nature to get caught up in the opinions of those around you. Some advice is solid, some is questionable at best. Real estate investing is complex. When you are getting sta...
I'm looking at purchasing a 12-unit apartment building that has its original boiler, which is about 60 years old. Of course, I would have the boiler professionally inspected before purchasing the building, but I'm wo...
I am working my way through the BP Podcast and keep hearing the wisdom in getting a realtors license so you can have access to the "MLS." Is this not the same thing as realtor.com, zillow, etc? That is what I've been ...
Hi friends,I’m planning on putting a offer on this multi family house & the first floor tenants are on a month to month lease. The rents around here average $800-$850 (Connecticut). They are currently paying $500 ...
Thanks for opening my post.
I am getting ready to pull equity on my 6 rental condos in San Diego. About 1.2 million of equity total. Then BRRR
I made a list of 37 institutions, local and national, ever mentioned her...
I am considering rehabbing a 100 year old brick house in St. Louis City as a rental. With the quickpoint tuckpointing gun, tuckpointing is very cheap and easy, most likely easier than hanging and finishing drywall. Th...
Hi BP! You guys are so informative so I wanted to ask a quick question.
Im getting ready to sign a contract for my first rental property.
The property is more so a Turn key property not much work has to be done.
My...
Investment Info:
Mobile home fix & flip investment.
Purchase price: $105,000
Cash invested: $45,000
Sale price: $208,000
This project took way longer than expected. We had some unfortunate fa...