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Good evening , I am new to investing and my goal is to take control of my own finances and improve my financial health. I understand that this takes time and discipline which is fine . There are two things I have que...
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When putting together the list of people I need to do a 1099 Misc for, do I send one to the escrow company? If so am I only sending in the amount of their company fees or does the amount include down payment + lender ...
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Hey All,
Please let me know if I'm missing anything here.
Purchase price: $400k, Conventional loan 25% down at 3.25% interest or $100k down monthly. $1,305.65 monthly payment.
Four 2bed 1 bath units currently rente...
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Frank Gallinelli's great book "What Every Real Estate Investor Needs to Know About Cash Flow" got me thinking about how to properly account for replacement reserves in rental properties. If we discount future rent...
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Hi,
I am evaluating a deal for my first MH park. It is small, just a dozen spaces. I have experience with buying and selling mobile homes, as well as single-family residence landlording.
Can someone recommend a...
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Trying to figure out a good formula to use when buying a rental property? I know income-expenses. But what are some other expenses or things I should consider or look out for?
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I’m picking up my third property in the next two weeks and I also just finished doing my taxes. From that lovely experience I’ve realized that I need to do a better job of accounting with my properties and I want to d...
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Since it's tax season, I'll ask the BP community instead of trying to find a CPA right away.I'm beginning to see some expenses on my credit card related to RE: travel expenses to Salt Lake to network and look at house...
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Hello,I'm currently house hacking (Duplex, i live in one unit and renting out the other one). My real estate agent contacted me today about a house that he think the seller is willing to sell for 140K and the ARV is 1...