I spend 6 hours a month looking at 3 different credit card accounts, 3 different checking accounts, scanning receipts, tracking mileage and filling in Excel income and expense sheets.
Many people caution against purchasing property from auctions because the transaction may be complicated but I am not sure I fully understand the difference between the two auction types.How can a property be auctione...
Hello, I am absolutely new, never rented before. I am looking for my first rental property in greater Boston area. Obviously in towns with potentially good tenants price for multifamily is so high that most likely my ...
Hello BP community (especially mortgage folks),I recently ran into an issue when having my credit pulled by a mortgage broker. I’m seeing different credit scores on my monitoring services that the score the broker pul...
Hi everyone, question about State tax returns. I live in New York, and have bought properties in Arkansas, Alabama, and Missouri this year. Do I have to file something for each state even though My schedule E will sho...
Hello, as I have been researching BRRRR, it seems like the average seasoning period is 6 months. Some sources attribute this to FannieMae and FreddieMac.I’ve also seen posts mentioning lenders that have seasoning peri...
I have found myself trying to figure out more efficient and more accurate ways to come up with an ARV. Sometimes I feel as if I am trying to overwhelm myself with information.What are some of the ways you guys go abou...
Everything I read so far has the 2 terms separated, yet they both seem to mean the same thing - seller keeps the loan, you put the property in land trust and assign yourself as beneficiary. You make payments to the se...
Hi everyone! I just finished reading @Brandon Turner's book, and am in the middle of @David Greene's BRRRR. I just bought my first real estate deal and I'm planning on using the BRRRR method. I live in Canada. Are th...
When you call for sale by owner, Do you ask for "seller financing" first? Then if he doesnt want you ask to do a "lease option"? And if he doesnt want either, you offer a "cash offer" to wholesale it? How many differe...