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Hi BP community - We have about 20 properties and growing, that we manage on MS Excel. Properties are a mixture of short and long term rentals. What software tools would you recommend that would help not only manage...
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Hi BP,I have purchased a few properties before. However, I have not done it under an LLC before. I recently put one of my triplex under an LLC but wish to be able to purchase future investment properties using the LLC...
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Hello - I'm having trouble understanding why we don't include the mortgage payment in the monthly expenses when we calculate the NOI. This is the formula as I understand it. NOI = annual rental income - annual expens...
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Investment Info:
Single-family residence buy & hold investment in Dover.
Purchase price: $22,000
Cash invested: $35,000
This was my first deal that hadn't been my primary residence. I found this...
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New real estate investor looking for properties. How do you know the difference between an A, B, C, and D neighborhood? I believe an A neighborhood is pretty straightforward as a high end, expensive. A D is what I ...
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This time of the year is when I start thinking about annual benefits enrollment and health insurance options. One of the more advantageous tax planning and personal finance strategies is to enroll in a high deductibl...
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guysAt the back of my jacuzzi, the installer did a shoddy job by not covering a 6 inch diameter hole for the electrical wiring - we've seen mice droppings there. Unfortunately, the hole is all the way to to the back a...
Was working on a short sale of a property that was up to auction. WF was servicer and FNMA is the lender. The BPO and appraisal were ordered and submitted to FNMA, but for whatever reason weren't sent to WF in time ...
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Just thinking ahead...
What if I meet a seller with a free-and-clear property- still living in it- who wants to sell me their property? How do I show/sell the deal to investors in a wholesale situation if the seller ...
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Do I have to have an LLC in order to be considered for a commercial loan?