Hi,I am about to have my first TAX report this year, and the CPA is asking for all the expense.During the rehab, I got tons of receipts and invoices. How do you keep track? Do you have some filing system?Thanks  Doron

Hey there everyone. I'm new to investing and new to this forum, obviously. I've bought a couple of courses from different Gurus not knowing which direction I wanted to go in, but I think I've decided on Tax Lien ...

I am looking into a method for cashing out as the (middle) investor in a sandwich lease option. It was discussed on this forum that you could record a lien on the property as an optionee. The lien amount is the spread...

Hi all,This may be long winded and possibly deserving of 2 posts, but I appreciate any feedback as I start this real estate journey.I'm a New Orleans native currently living in Atlanta. I have approximately 3 years be...

Hi Everyone,
I am looking to start investing in SFH to 4 plexes. As I am building out my pro forma, I keep running into this headache as to whether I need to incorporate sensitivity tables. I pulled a pro forma from ...

I joined BP not long ago and learned about the 50% rule and 2% rule. Perhaps I don't understand these rules completely?.. Intrigued I sat down today to crunch some numbers:Assumptions:Expenses = rent*.5 rent = .02 * v...

Hi everyone, I'm a newbie... found deal in North / Central New Jersey. Used the rental calculator. Questions: Did I use the right calculator? Should I buy the property.Here's the details. 2 Family - 3 stories built 20...

Hello everyone =)I am looking at making my first deal. I am currently in the stage of crunching the numbers and everything seems straight forward math wise (income - expenses) but my question is in regards as to HOW t...

Asking price - $179,000Hoping to get it for $160,000Unit 1: 2 bed 1 bath - needs about $10,000 in work, unfinished basement but possibilitiesUnit 2: 2 bed 1.5 bath - Needs $10,000 in work, basement very poorly structu...

Ok.. so I am a real estate agent in Oklahoma. I recently ran across a for sale by owner. I called on it initially to see if they would be interested in working with a Realtor®. The owner gave me stern "NO". Sooo.. I k...