Kurt G.
Best Quickbooks Online Version Choice for New Investor
We just sold our first flip and are due to close on our first rental SFH within the next week, and I am struggling to figure out which version of QB to go with. While we are planning on building a nice rental portfol...
Michael Germinario
My Best Property Management Tip Is ...
Hi BP!I thought it would be a cool idea if everyone shared their best tip for managing their rental property. I'll start if off.My best property management tip is charging a 5% late fee when a tenant fails to make th...
Joseph M.
First (commercial) buy and hold deal analysis
Hi everyone,I've been in talks with a seller of a 5-unit 'apartment' that is a large house.The Property and Neighborhood5 Unit apartment out of a converted house. Located in a district where they zone to reserve 10% o...
Mark Vejnar
Buying with Soul-Crushingly Bad Credit
I am currently seeking opportunities to flip properties, but my credit is blasphemous and I sort of feel that no sane persons would partner with me in my ventures. My current marketing plan consists of driving-for-dol...
Shawn Ackerman
Counter Offer "Winter Weatherization Standard" Milwaukee WI
Soooo, I have a duplex that I put an offer in on. The buyer countered to add this language in the counter offer;1. EM to be paid to title company 3 days after acceptance (No Problem)2. Counter offer should read "buy...
Jake DeBoer
Occupancy Limits in Grand Rapids
Has anyone else run into issues with over occupancy in GR? I have a 6-bed, 2-bath SFH that I rent to college students. I used to rent to 6 but two years ago was hit with a zoning violation."Did allow more than four (4...
Account Closed
Does the size of the kitchen matter in a rental?
Hello,I just read an interesting article that stated that fewer people like to cook at home. It went on to say that kitchens in the future will be smaller. Does the size of the kitchen make any real difference in fi...
Jason Fiore
Rules of Thumb?
So I'm familiar with the 50% Rule, the 2% Rule, and that I should be buying at no more than 70% of retail value. Are there any other "standard" rules of thumb that are used by real estate investors?
Account Closed
Comprehensive Rental Property Expense Spreadsheet (Small Apartment Community)
Does anyone happen to have an expense spreadsheet they don't mind sharing. I've been pulling some from the web but I'm just trying to make sure that I'm thinking of everything. Obviously SF expenses differ from apartm...
Rafael Esteves
Returns with syndication
Hey friends,I am wondering how large syndicated properties make the profit they do. In deals supplemented by a bank loan, many investors look for a 10% return or more; however, this return is only possible because the...