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Hey,I'm Jim. I'm 31 and work in data and analysis at an advertising agency. I'm new-ish to the real estate investment game. I live on the north side of Chicago with my wife and son.I've been diving into strategies ...
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We bought our first property last April owner occupied/conventional loan with 3.5% down. After speaking with our mortgage guy a few months ago he did a prelim pre-approval and said everything was good to go.Found a du...
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Hello Everyone,
First of all, please notify me if this is not the correct forum for this topic - I only seek your advice. My business partner and I are pursuing our first wholesale deal in East Linden Ohio (Columbus...
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I bought a town home where tenants' rent is way below market. It is a 3/2.5 occupied by three graduate students. They are paying $830, but market is about $1,100. I need some advice about how to raise the rent. Al...
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I've done a few searches on BP.com and the advice appears to be invest in QuickBooks or using online bookkeeping services.
Since I've only got one property, I'm still looking to create a spreadsheet or just to look a...
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Hello,
I would like to get an idea of what percentage of the gross income expenses are in a large multi-family property?
I realize this is going to vary, but I would just like to get a ballpark figure.
Thing is, wh...
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Hey so I haven't done any deals yet and I was wondering what people do when they budget on a monthly basis on their rental properties for Repairs,Property Management,Capex,vacancy...etc. Do they have checking accounts...
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Greetings,
How many people sell their properties FSBO and welcome buyers agents VS doing the entire transaction with the agent?
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I am trying to negotiate a better management commission fee for my short term rental. For a newly renovated ocean front condo they are wanting 20%. What would be the best way to negotiate down to 18% or lower?
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Hi many thanks for all the previous discussions on setting up QuickBooks for rehabbing, we poured through the advice and believe our setup and recording of expenditures are correct - now comes the fun part of recordin...