Julie Hill
Am I estimating capital gains correctly?
Hey all, I have 2 stupid q's:1) I need to put aside $ from a flip we recently sold for capital gains. I am calculating 20% from the net profit (we are in CO)... including AFTER holding costs and reimbursing our own $...
Victoria S.
Cash on cash return and asking price
Would you pay asking price on a duplex (which is overpriced probably by 10k) if the cash on cash is good (22%)?
Account Closed
Rookie BP REI Newbie from Seattle area. Very excited/Motivated
Hey everyone, this is my second time on the BP site since joining a few days ago. AWESOME SITE AND A TON OF INFO. I've been listening to the podcasts on youtube and absolutely love them. Anyhow, I was born and raised...
Andrew Grieb
Buying an Owning Entity Instead of Buying the "Properties"
BP,I have a new idea that I would like to get some guidance on. I am currently purchasing a group of single family homes in Western NY; the seller owns them in several LLCs. I always own my properties in an LLC, but...
Account Closed
Successful Investor, Former J.P. Morgan Chase Bank
Hello everyone,My name is Ken and I have been working in real estate for over three decades. I own several portfolios across the Baltimore City and Washington, D.C. Metro markets. In addition to my investments, I mana...
Elizabeth San Miguel
Real Estate Agent in Colorado
I enjoy the ever changing face of the real estate market. Since starting as a Realtor in 2004, I've been honored to help a lot of people buy, sell, and invest in real estate. Whether it's a first home, a dream home, a...
Orita Issartel
Rent payments from new tenants
Hi everyone,
We just acquired 9 new doors and inherited 6 new tenants ( the other 3 are vacant for now). I was wondering if there are softwares or ways of having all tenants pay their rent other than the way we do it...
Jennifer Moscatello
Oil tank addendum
Hi all. I own a 100-year-old two-family investment property in West Hartford, CT that has oil heat; one oil tank per unit. The current lease speaks to the fact that the house has oil heat and it's the tenant's respons...
Edwin Ortiz
How to choose tenants?
I received 2 applications for my rental property. 1 of them meet the income requirements (about 5x the rent) but after doing a credit check I noticed that they have 2 accounts in collections (under $2k both) and in th...
Account Closed
Cash Out Refinance, HELOC, or Personal Loan?
Hey BP. I am looking to make that jump to my second rental property and hoping to get a little advice from the community. Here is the scenario. I owe $250k on my first rental property and it’s worth $360k. I could cas...