I can't figure out why the NOI figure shows $15k. Unless I am missing something, iAm I doing something wrong?Purchasing the property for $110,000 with hard money (13% & 2 points) and then doing a rate term refi (p...
I picked up a SFR with a tenant in place. After meeting and discussing the new rent amount and late fees they asked if they could move their due date back. I agreed and told them that the first month would have and ad...
Does anyone know how you go about using funds from an hsa account for purchasing real estate? Are there any specific rules or forms for it or is just a matter of using the money then indicating on your taxes that the ...
Hi BP, can anyone recommend an investor friendly lender in the Raleigh area? I’m a recently discharged veteran trying to secure my first deal. thanks!Cheers,Mike
After reading many books on personal finance, a common recommendation is to keep track of your net worth. I like the idea of this. For me, RE investing is about CASH FLOW to grow and sustain the business and NET WORT...
I am in the process of renting out a SFR in a mountain town and I promised to the tenant I will supply washer and dryer. My current tenant is a single person but in the future there can be 3 people staying in the hous...
I'm looking to find a good real estate accountant in the south jersey area. I'd really appreciate some feedback. If anyone knows anyone please reply.
Hi! We currently use Storedge for our self storage software. Seems like a lot of mid to smaller size facilities use ESS. Anyone have tips for transitioning software and website when purchasing a new facility? Any ...
Any suggestions on best accounting software to keep track of expenses on multiple jobs; QuickBooks, Xero, FreshBooks, etc.
Looking to buy my first STR and having trouble finding one that projects to make a COC return worth investing in. The high sale prices and subsequent mortgage payments kill the net profits. Raising the rental rate w...