There are 2 car washes for sale near me and I am meeting with the listing agent today to look at them. I requested copies of the income taxes for them both and it looks like this could be a pretty good deal but I'm no...
How long on average does it take for you to rent a property in a D class area?How often do you show the property?Do you do open houses or personal showings? How many people dont fill out applications in full?How do yo...
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...
BPers,We have traditionally done a good job of staying on budget and on time with our flips, but our last couple of projects have definitely pushed us to a point where we need to implement some new strategies to impro...
I've sent out two postcard mailings now over 2 months to the same list of absentee homeowners in a particular are in the DC region, but gotten only 1 call (mailed 700 people each time). My list was generated from the...
Hi all,I am a first time investor looking to buy and hold in C, D neighborhoods. Am I crazy??I have very limited capital to start (<$15k) but want to buy a 3+ unit multi family in Detroit, Flint, Toledo, or Clevel...
After numerous conversations with investors, CFAs, data scientists and economists in conjunction with my own understanding and study as a CFA candidate, I thought it would be worthwhile to share my thoughts on how I t...
Hey BP Family!I do not currently own any property but I am super excited to get things started and more motivated than ever. I have been learning and educating myself on the process. One of my weaknesses is analysis p...
As I am getting started in real estate investing, I want to make sure not to be trying to play "catch-up" starting on day one with keeping my books up-to-date. Quickbooks Pro is used in just about every industry; I am...