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Ready to take on that first or next fix and flip? Before you roll up your sleeves and start swinging that hammer, there's something crucial you need to know: the hidden costs that can quietly sabotage your renovati...
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I'm hiring a property manager for two properties I own. I assumed that we'd set him up as a co-signer on my business bank account, the business that owns the property. This way we could run all transactions through...
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Hello BP Nation,
I'm contemplating buying a duplex. What should be my initial questions be? Should I ask why they are selling it? Should I raise the rents as soon as I get it? Should I ask for an operations expe...
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Hi all.. First time posting here. Wasn't quite sure how to search this question out so if it's been asked before please do tell me. Also please let me know if this is in the wrong forum or group. Otherwise, here goes....
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My list of properties has more than doubled this year. I was tracking expenses with excel spreadsheets. I am hiring a CPA to do taxes this year. He recommends getting quickbooks. Is it worth the monthly fee, time sett...
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View report*This link comes directly from our calculators, based on information input by the member who posted.
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I'm looking at an REO Duplex (3/2 & 2/1) that a realtor sent me. One highlight that turns me on is that I can use Conventional. Property looks pretty good inside. Below are the stats:
Asking Price: 70 k
Dwn...
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I had been meaning to post a recap of year one for our first investment property and finally got around to it...in April. Anyways, here goes. In November of 2016 my wife and I purchased a 4-family investment property ...
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Hello BP team, I've been looking at multi-family units in my area for quite a while, and feel I am on the cusp of making a deal, but am having trouble finding the right house. Which is fine, no reason to jump into a b...
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I wanted to start this off with asking everyone what list they use to plan for expenses on their rental investments. Basics like planning for taxes, insurance and destructive tenants are on every list but I am struggl...