I'm finally making the switch from Quicken Rental Manager to Quickbooks. What I'm struggle with is how much historical information I really want to spend the time entering myself. I'm interested in talking with o...
I'm officially retiring within a week, after 26 years working in the corporate world. I'm only able to do retire because of our real estate. We've built a nice portfolio over the years that now kicks off more income...
I am looking to buy a three family in Newburgh NY in the Hudson Valley. I am looking at one in particular in which the current taxes are about $4,000 (based on an assessment of ~$105,000). The home sold as a foreclosu...
Hi, I'm just starting out and looking at a property in the 2 mil range with 10 units. It is a historic building in a Class A+ neighborhood. The property can pay the mortgage and opex, but doesn't provide any return on...
I am in San Diego area. I don't see how the 2% rule can apply to california. The housing here is very expensive. Even at lower value property area. Say the average house there is about $500k, and the rent average ...
Working full time while attempting to invest. If my goals are to leverage RE for financial freedom, should I still max out retirement accounts?
1. Roth 401k vs 401k?
2. Open a Roth IRA as well?
Trying to figure out...
Hello - I am new investor that recently started an llc with a partner to invest in buy and holds, and flips if the opportunity is right. I work a full time job with good income and great credit.
I have borro...
I need a better way to project income and expenses. I have a great spreadsheet to track expenses and rent coming in. I'm looking for something similar to project future numbers. For example, if I have $5k in a bank ac...
I am currently vetting a 4plex that is made up of 1 bedrooms. Historically speaking, I have found 1 bedroom units to be a bit more difficult to rent out. Has anyone else found this to be true? Should I shy away fro...
Hello BP!I'm having a mental moment I thought the kind BP community could assist with! I recently sold my first property (I've historically been more of a buy and hold kinda guy), and I'm struggling with the QB journa...