Hey BP community-
Below I’ve outlined a deal I’ve found in Florida. I love the location, appreciation potential, the property needs work but already as lots of character. And most importantly the numbers just make ...
Hi all, I'm getting ready to go live with my very first rental. I want to set up a separate bank account to have rents deposited into. My question is; should I have multiple accounts to split rent revenues? What i me...
What was the experience of motel owners during 2008 and 2009 due to the recession. Did you find that budget hotels (motel 6, super 8, ect...) were more recession resistant, or did you find your profits went down signi...
Just in case you aren't aware, we are being charged a 3% processing fee on the taxes that are collected from VRBO's traveler service fee. This has been happening for years. I have been on the phone many times with s...
Hi, I am trying to attend CA county tax deed sale. Some property I see huge HOA liens before the Tax lien record. I am wondering if the Tax deed sale will wipe out these HOA liens after the sale? From California Reven...
Can anyone share their Economic Model for a flipping business? To clarify....if you made $1mil in revenue, and $400K in profit for the year, the 60% in expenses would be broken down by what? I'm guessing it would lo...
Hey all,
i ve gotten a boatload of great information here on this board regarding real estate. Now I dont know where to turn to short of visiting my CPA. which is going to be costly. what im looking for is folks with...
We attended an event that had renowned author, podcaster, and 2000 plus door owner, Rod Khleif. During his presentation, he made a point of why multi-family was so exciting that caught my ear. He spoke about the valua...
I'm a Short Term Rental Investor with no commercial real estate experience.Looking at an RV Storage Facility and hoping to get some help with how to analyze/underwrite. I have List Price, Insurance, Taxes, Utilities &...
In publication 527 it says:"The following are settlement fees and closing costs you can’t include in your basis in the property.
Fire insurance premiums.Rent or other charges relating to occupancy of the property b...