Hello BP Family!! I'm undecided on holding our rental property or selling it. We are moving out of state. If we hold onto it, we can cashflow about $450 a month & with the neighborhood doing a lot of changes &...
I hired a contractor to install a new A/C unit for $4,000. Do you know if I must file a 1099 form to the contractor. I am not a real estate professional.
Hi Guys,
I havent posted in awhile so it is nice to be back. Anyway I am currently analyzing a property I am interested in and it looks attractive at the right price. It is a 12 unit mixed building with 9 unit rent...
this guy has 4 duplexes that he wants to unload. he was initially asking 450k for two and 500k for two. but if i bought them all he'd drop them to 400k for two and 450 for two....1.7m total. there are no comps that ...
Good morning all, so I recently did my taxes. I used Turbo tax deluxe. Anyway, it was a good year money wise. Better than usual obviously because we owe the IRS about 2800 dollars. I have 1 rental property and bel...
Hi everyone,
I’ve been looking to buy a property in Orange County to invest in short and long term. I saw a lot of listings on MLS that are short sales and REO. Is this a good way to buy? I plan to down 20% with a ...
Although I've had experience with Residential and small commercial flips and buy/hold. I'm working on evaluating a commercial property in Salt Lake City and need a more experienced commercial investor to help me in de...
I'm closing on my first property in a couple of weeks and sorting out options for making the payments on a non-recourse loan. I was hoping the property manager would handle that before sending any profits back to the ...
I am purchasing a property to flip with a partner. Need advice on what kind of paperwork I need to indicate the percentage of ownership and the percentage of profit split. Can it be written in the purchase agreement d...
does anyone have a good spread sheet they use to keep their books for their rental properties?