Hey real estate gurus,I've got a math problem I could use some feedback on. Struggling between two plans. Please let me know what you think, and if there's a third option I'm missing, I'm all ears.Current plan: Purcha...
Hey guys,
I own two vacation rental properties with a 50% partner and personally manage them myself. Both properties have a fair amount of amenities since they’re on the water and one has a pool.
After listening to...
Hi All,I understand that there are great tax benefits/write offs as it relates to the purchases you have made towards your rental property like depreciation, maintenance fees etc...My question is...Are there any tax b...
Tenants 1 year lease is almost up. They made payments every month but were typically a week late. Then we got asked the question, “will you consider a month to month lease”? The reason we got asked this is because ...
Hi everyone,Really excited I found the BP podcast and this forum. My goal is to generate enough passive income so that I can quit my job and focus on other interests.I'm 29 and only started taking my finances seriousl...
Fix-and-Flip projects are generally seen as promising business opportunities that can generate quick cash profit and good return-on-investment (ROI). An entrepreneur may need to completely transform a property or simp...
Hi all,
How do you find Subject 2 deals and Seller Financing deals? Is it through realtors or your own network? If it is through realtors, how do you start conversation with realtors for such deals and how you find r...
Hi -
Besides QuickBooks, is there a super really easy software package that will help you keep track of your expenses on repairs or improvements as they incur so that when it comes to tax time, you can easily import...
I know there are a million different places you can go to get a direct marketing campaign going but who do you utilize and why? Some background on me, I flip homes in the south to sell as turn-key properties to invest...
When evaluating a multifamily property (5+ units), one would determine the actual property income (the total income the property generated in the prior 12 months) and use this calculation as part of the calculation fo...