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Hey guys I would like to understand something Purchase price: $270KReno: 70KARV: 420K My lender fund 75% from ARV which is 315K , it covers the purchase price also he covers 100% or rehab , I need explanation about t...
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Hello BP,I have a question about two recent flips that sold in Tacoma WA (about 30 miles from Seattle). I was looking at recent homes that sold and identifying which ones were flips to figure out what investors are pa...
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I'm a new real estate investor, interest in purchasing multi-family properties and renting them for the long-term. I have Quickbooks Pro 2016 (desktop version) and I'm looking for advice on setting it up for my busine...
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Hi all, been reading a ton about taxes related to STRs but still have some questions. I bought the property in 2022 with the intent of making it a STR that year. However, when starting construction, we found extensive...
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Been investing a while, but new to BP.I am looking for another property, I don't have a preference if its single family or a quad. Both fit into my strategy. My current dilemma is that every bank & lender that ...
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Well I have been reading and learning a ton over the past few months, looking at properties in the KC market and finally found one to make an offer on. The purchase price was at $67k and after running the numbers fit ...
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Hey all, is it possible to use the house hacking strategy when buying a single family house with a significant other?
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Hello BP Fam,Like many here, I'm looking for a CPA to assist with not only my LLCs and out-of-state rental properties but my personal tax returns as well for 2023. I would also appreciate and benefit from tax consulti...
Hi, As interest rate is dropping with impending federal reserve's announcement next week, I feel like this is a good time to tap into equity in my investment property in Cambridge, MA 02141 and maybe purchase another ...
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New investor here. I’m stuck when I try to run numbers on a potential deal, how do you generally estimate rehab costs? I don’t know where to start on such topic.