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Results (10000)
Mauricio Duarte QuickBooks for Flippers - Inventory vs COGS
15 August 2024 | 29 replies

Hi everyone!Newbie here. Please be kind. I’ve recently formed an LLC with a partner to flip houses. We’ve purchased our first property and the project is underway. I’m a CPA (originally an auditor, now in consulting),...

John Taylor Financing 4 years after bankruptcy
16 June 2015 | 2 replies

Please note, I have re posted this question here since it is a finance question.I would appreciate any advice that someone can provide on what my best rout might be for financing a flip. The issue that I have is that ...

N/A N/A Want to buy my first property under business credit
12 January 2016 | 18 replies

How can i do this??????

Garrett Blanchard Balance sheet structure
26 May 2022 | 9 replies

I need to build a balance sheet for my properties. What I have so far... Assets, cash and the properties. Liabilities, balances owed on properties, credit cards and lines of credit. Am I missing anything there? Also, ...

Marc Shin Best way to save receipts for REI?
20 November 2024 | 9 replies

New investor here. What's the best way to save and organize digital receipts and to snapshot paper receipts?  is there a good phone app? or software to use?   TIA

Angela Fellows Saved for a small down payment, Now What?
3 January 2014 | 5 replies

Hi BP,

We have finally been able to set back some money for a small down payment. We are currently renting a home and want to buy our first investment property.

I have been listening to several BP podc...

Anthony Liguori Business LOC vs Personal LOC
22 April 2020 | 1 reply

I been looking into personal lines of credit and business lines of credit.. I have read that people use this method for 20% down payments on properties and other things such as funding for their flips and other projec...

Chris Mullinax City wants building owners to track utility use
12 July 2021 | 2 replies

I was reading today about this initiative from the city government in #Indianapolis.
"A city proposal to require tracking of municipal and commercial energy use has the potential to help city government, private bui...

Erica Embray Attracting Private Lenders
30 March 2015 | 7 replies

I'm new to the industry but eager to get going with networking and learning ways to attract individuals or businesses who are open to becoming private lenders. Any suggestions are welcomed.

Monica Davies Getting a 4-plex loan
4 June 2019 | 3 replies

I was just told no by my lender on a 4-plex because it doesn't meet the "self-sufficiency" test for a FHA loan. Apparently, 3/4ths of the rents need to pay the mortgage. I think this is a great rule, to protect people...