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Hi all -I'm quickly getting more comfortable with quickbooks but as I get better I want to continue to learn more. Currently I'm entering my mortgage payments into three accounts: principal, interest, and escrow. I'...
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How much of my rental income should I set aside for taxes? I'm almost finished reading The Book On Rental Property Investing and it still hasn't mentioned any guidelines about how much tax to set aside? Maybe I missed...
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Hi guys, so I’m fully renting out my first multi family property and now I’m living in my second multi family property (house hacking). I have separate checking and saving from my personal life which comes from 9-5 da...
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Hi everyone,I'm looking into small and medium sized apartments in Windsor Ontario and just wondering how common it is for the utilities to paid for my tenants? Most of the properties I see don't cash flow well but I'v...
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So I came across a unlisted mobile home park 3 1/4 acre with 13 lots, 100% occupied and none of the homes are park owned. The park is 5 miles from a super Walmart.Wondering what would you guys personally pay for a dea...
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Hi everyone. I've been looking at properties and doing research for the past 6 months and I finally feel like I'm ready to pull the trigger. I'm in the Columbus, OH market and found a property that seems like a good o...
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To anyone investing in Real Estate in CanadaJust wondering, for anyone who has been watching the Bigger Pockets podcasts online. Do you find the information relevant to the Real Estate in Canada? Or helpful when looki...
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Hello BP Community,Found this 4-plex 20 minutes from me. My numbers are below and I was hoping to receive some feedback/critique on the accuracy of the pro-forma. Note- I evaluated this as a house hack deal where I wo...
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After the refinance on potential BRRRR properties they tend to leave $0-$25/m of cash flow for a couple of reasons.1. Higher mortgage payment 2. Long term CapEx: I calculate $180-$200/m per unit and that's if everythi...
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So with my business, I have 2 separate bank accounts per property. I put deposits in one for each property and try to ignore that money altogether as my ultimate goal is to be able to give that back to the tenant. I...