Hello BP community,I am looking for a software that could be used to combine property management, CRM and ability to share tasks with multiple users, as well as integration with accounting software like quickbooks. As...
I have recently acquired (December 15th) 6 rental units south of Houston Texas and purchased Rentec Software. I have the properties set up, tenants set up, general ledger charts set up, and everything seemed to be wor...
I've decided to start my Real Estate Investing journey with Wholesaling. After deep-diving into research about what wholesaling is, I've realized if successful it could be a great gateway to acquire the capital I need...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $248,000
Cash invested: $10,000
I bought this property in September of 2023 for $248,000/ 6.625 APR. I've been livi...
Hey All,I've been working on getting my first rental(Multifamily, 6-12 units, locally) and I think I came in too ambitiously. I'm starting out with relatively low capital and as I start honing in on prospects, I'm jus...
SubTo or "Subject To" is a short way of saying "taking over the seller's financing". Sounds pretty cool, no bank qualifying, little cash down and you own a property. Therre's a lot of fuss being made about SubTo in Ph...
I found a 100 unit deal at a cheap price per door but when I saw the T 12 the bad debt gets larger every single month… The last month the bad debt was 25% of the income. What would you do in that situation in today’s ...
We are looking for a new flipping market for low end homes but this may prove more difficult than expected. We were looking for immediate cash returns so preferred flipping versus rentals. Any suggestions of where to ...
Hi all,
Does anyone know a good tax accountant in the NY area who specializes in accounting for people who own many rental properties under different LLC's? It gets very confusing with many different LLC's. My acco...
If someone invests capital gains in an Opportunity Zone in 2019, holds the property for 7 years and does improvements, they only have to pay capital gain tax on 85% of capital gains invested.My question is does the ex...