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Does anyone do their own accounting? I'm trying to set up "asset" reserve accounts for Vacancy, repair & maintenance, and cap ex. how do you do this or are you accruing your expenses? How do you save for the expen...
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I just wanted to thank the many awesome members of BP, and share a success story that may brighten some of your days. As some of you know I was interviewed by Rod Khlief multifamily podcast on episode #221 just a few ...
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Hello all,Just trying to wrap my head around what people are comfortable with as far as a good rate of return?If I'm putting down I've seen these numbers all over the place for residential real estate where people say...
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Hello fellow BP members! I am a young aspiring agent/investor and want to get started in the business first as an agent. I was concerned at first reading that the median income for a real estate agent was roughly 39k ...
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I have okay grades in college. A 3.2 GPA which isn't bad for my first semester. I was thinking about dropping out though and pursuing real estate investing. Should I? If I don't drop out, besides real estate, what maj...
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So if you don't follow me then you probably don't know how I get numbers like these. To be short, I am able to do it because I do all of the renovation myself. I'm writing this tonight to show people it can be done. T...
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On a separate thread today there is a debate about flipping versus buy-and-hold. The point was made that one should focus their investment strategy and that diversion from focus is a sign of an amateur. Others disag...
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Hello everyone. I am a newer invester looking for a few areas to purchase rentals.
What areas have good rent to purchase ratios, along with low taxes and insurance. I have researched many states but it appears they a...
Based on your experience, what are the best cities to invest in the next couple of years?The city i live in (los angeles) is overpriced and most of investments i've seen lately do not make any sense; i'm therefore com...
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Hello all, This is my 1st post. I have been lurking around for months reading all of the excellent information on the site. Its really fantastic a community like this exist. I am 36 and was fortunate enough to buy a B...