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Good morning all! Have a question regarding room-by-room rentals. We are investors in Savannah, GA, and have a lot of college students as our residents. We noticed that most college students prefer to rent or “sub lea...
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I know that there have been many threads about this topic, but is Quickbooks still the best accounting software for real estate investors? To further the discussion, does anyone have an opinion or experience with Quic...
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Hello BP,Today I would like to strike up the Airbnb conversation. I live in Davenport, IA and just recently purchased my first property (My primary SFR). It's 3 bedrooms (I'm calling it 2 and and an office). The upsta...
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Good morning BPAs I spend more time practicing analyzing deals I know the rehab piece is one spot i need some help. I’ve heard plenty of warnings about misestimated rehab costs, and i know that this is definitely not...
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Hello everyone. I've been doing Residential Real Estate for a few years and been semi successful. I've created enough cash to potentially into Commercial Real Estate, but I'm very cautious.
Few Questions:
1) In...
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So I'm trying to figure out the best return from these two mortgage options. Option A is 15 years at 7.5% and Option B is 30 years at 8.0%. Assuming that your monthly cashflow can cover either option, which option lea...
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Hi All,
I closed on my first duplex this week and started working on one of the units today. One unit is already rented and the second is vacant. While doing the inspection I was one of the baseboards was dam...
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I am looking to purchase some notes and was told to go look at the courthouse. I just found that in Georgia notes are called security deeds. However when I looked up security deeds on the county website these docum...
Good morning I completed my first 1031 exchange in 2019 however I am no being told by the CPA we incurred a mortgage boot due to not purchasing a property of similar sales price.
Property sold $1,200,000
Payoff $70...
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I have an older 70+ gentle man and younger 50+wife renting my house. Old man was in & out of Hospice. Probably will die soon. Wife is very upset because the A.C. was not working for 5 - 7 days while the old man...