Hello.  I am new to BP and will be purchasing property with a SDIRA.  I am looking to buy a property between 8K to 12K lot size in the Oak Forest / nearby area that will be rented to someone I already know.  They will...

Hello,I currently own/manage 9 single family buy and hold rentals. They are all managed by me with the use of excel spreadsheets.  I would like to grow my management business and know that a good PM software would be ...

Watch out Boston short-term rental owners!  Boston 25 News had a report this morning about a UMass study on Boston rentals. http://www.fox25boston.com/video?videoId=682572778...The study (to which they did not provide...

Hey everyone,I was mostly considering doing standard renting out of my duplex, but I just caught wind of a third party that leases out your house in a short term rental basis. My realtor buddy said his clients make ba...

I am selling my business and will soon have $850k cash on hand. I don’t want to put it all into real estate, but I do want to invest a good majority, around $400-600k. I really value cash flow. Should I just look for ...

Happy Friday everyone!  Quick question... I'm think about making an offer on a bank owned property.  How low of an offer do you generally make?  Is there a certain percentage that banks will take from an offer?  Just ...

Does this chart of accounts make any sense?

I’m having trouble keeping my network organized, creating my monthly budget, P&L’s to analyze deals, and I was wonder what softwares do you guys use that are simple and user friendly. Microsoft office?IWork? Paper...

Hi, I have an IT business (LLC) that I use for consulting work. Now I have purchase contract for a Multifamily for which I am taking a commercial loan. Should I start out a new LLC to put the title on or use the exist...

Hello everyone,

I've yet to make my first deal and have been scoping out a couple of fourplexes in a neighboring city. The upside is the cash flow- about a thousand a month- on the properties but the downside is the ...