Carlos Perez
Quickbooks Special Assessment Tracking
Hi, Not sure if the tax forum is the correct section to post this. Its accounting, but eventually about tax.How should Special Assessments be tracked in Quickbooks? And how do I depreciate/tax it?My HOA created a spec...
Anmmar Alsaggaf
4-Plex Analysis Fresno, CA
Dear BP, I have a 4-Plex that grosses $28,880 per year ($2400 x 12) and all units are fully occupied. In order to calculate my overall cap I did the following (annual basis): Gross Income = $28,800Less: Vacancy (5%) =...
Xavier Cabo
Investment requirement questions for private investor
Good morning, I am preparing for an upcoming meeting with a private real estate investor and I compiled a list of questions to better understand his investment requirements so I can present the right deals to him. He ...
Daniel Han
Vetting Potential JV Partners
Hello BP members,I've been a member of BP for a little over a year now but I have yet to jump into investing with partners. I would like to partner with some people but I don't know the best way to do a background che...
Casey Christensen
what criteria are Utah county investors having success with?
My wife, father and I have been actively looking to get into an investment property in Utah. We have a town house that we rent, and we house hack our current residence. What we really want is something that will give...
Kyle Bryant
Syndicators: would you co-sponsor a deal with a newbie?
Experienced syndicators please weigh in for me. Have any of you co-sponsored a deal with a new investor? Under what conditions would you consider doing this? Are you looking for a certain percentage of the GP equity? ...
James Pegues
FHA one step close loan
Hey everyone!!! I bought a SFH at the end of 2020 and the value has gone up quite a bit since then. My plan was to fix it up and then rent it out but then I heard about the FHA 1 step close loan product where the cost...
Jason Sensi
Tenant credit/eviction/background checks
First time landlord here. Curious what each of you screen a potential tenant for:CreditEvictionBackgroundOther?Also interested in recommendations on which services to use for this, and whether you pass the cost along ...
Daniel T.
Charging Bills that are Received After Tenant's Moveout
We're househacking in an Atlanta-area basement and we split the utility bills with the main-floor tenants, who are schedule to move out in the last week of August. However, since the electricity bill is charged on th...
Alayah Myint
HELP! Disfunctional HOA
We recently purchased a town house about 5 months ago in an association with 5 total units. I was recently elected president of the HOA last week because the previous president was neglecting his duties. We quickly no...