Evan Harris
Newbie from Washington, D.C
Hey everyone! My name is Evan i'm 20 years old and I really want to get started into real estate investing. I want to eventually learn all of the niches but I have no clue where to start. I want to take control of my ...
Tyler Gilpin
Keeping track of portfolio financials
How do you guys keep track of your portfolio financials? Cash flow per unit, how much is left on mortgage per unit, etc. Lay everything out in Excel or do you use an app?
Joon Kim
Questions about syndicators
I am a passive investor and only have participated in a handful of deals so my question might be uninformed or basic. Ive been pitched by various people calling themselves "syndicators" but I find their supposed deal...
Natasha Keck
How to stay organized with portfolio of properties
I'm wondering how others with more than just a handful of properties stay organized. I have 25 properties, all professionally managed, so I'm largely keeping track of HOA, leases, property taxes, insurance, mortgage ...
Alex P.
Accounts for Property Management Standards?
I am currently in the process of negotiating with a property management company to manage a multi-family rental and I'm curious about how others in the BP community structure their accounts. Can anyone advise on wheth...
Jesse Rodriguez
How to collect rent and save on cashflow
Hey everyone,Starting in my house hack first property and would like to know how you collect rent. Disclosure: I am not using a property manageer. Also what do you do with cash flow money? I plan to save it and use it...
Michael Maltese
Any good apps for tracking income and expenses?
Hi my names Mike and ive been saving to pick up my first ever investment property. I'm not sure if I should go multifam or out of state as Ct is kinda expensive. lots of ideas in my head but I'm looking for advice. I'...
Dillon Loomis
Bookkeeping / Accounting For DIY Landlord
Hey gang, I know there are plenty of threads on this topic throughout the site, but I'd like some advice/guidance specific to my situation here. I will be buying my first rental (duplex/triplex) spring '17. I plan to ...
Account Closed
Multifamily rental property, a ratio of expenses to income
Hi,I used to think an average ratio of gross expenses to gross income for multifamily rental property should be at least 50%. It is about OH properties which are 40-50 years old. But what's interesting, financial stat...
Terrell Garren
Buy and Hold Remodel - Add to cost basis or operating expense?
I am a buy and hold guy. Around 14 SFHs, annual gross around $120K and net around $30K. Just completed a SFH remodel to be rented. Purchase was $72K and upfit was $27K. Do I have any leeway and any recommendations...