Hopefully I explain this in a way that is easy to understand. This is my first rental property purchase and also the first time I've really had to deal with any accounting of this nature, so I would appreciate any gu...
The appliances in a duplex I bought are going to be replaced. Would love to write it off next year as an expense but wondering if that would raise a red flag with Uncle Sam. What do you all do? Capitalize? Or Expense?...
My Story: Steps I have taken to setup up for Wholesaling.... and learning!I am getting started with wholesaling. I have known the concept for few years though never tried it out. I have read several books on the subje...
Hey BP Fam,My partners and I are under contract with a Mobile Home Park in the Eastern Shore of Maryland. The park has some vacant lots and an onsite manager that lives rent free. Right now he collects payments in cas...
Hi everyone,I'm a newbie from Switzerland who discovered BB by reading blogs and listening to different podcasts.I'm very new to REI because I thought it is not accessible to me. This notion came from looking at the n...
Our company focuses is to buy and hold apartment complexes. We currently track a few KPIs (key performance indicators) to keep a pulse on how the portfolio is doing. However as we prepare to grow and begin syndicating...
I'm fairly new to this forum. I'm trying to get a better handle on my finances and am especially curious to see where all my money is going. I've got a few questions for this group:(1) Where do you believe you could u...
My Story: Steps I have taken to setup up for Wholesaling.... and learning!I am getting started with wholesaling. I have known the concept for few years though never tried it out. I have read several books on the subje...
Some of you may remember me, I posted a few months ago about having a cash windfall from a relative and wanting to invest in multi family but I lacked experience. As a Graphic designer and product analyst in Silicon V...
Hi to everybody at BP and especially PRO homies :) I like to say hello to all of you who's in RE business like me. I am investor from Czech Republic with rental portfolio and experiences. I do Marketing, Sales, Develo...