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I'm looking to do my first flip and found a local bank that will lend me 75% of the purchase price and 100% rehab for a flip. I meet the financial requirements and have been approved so I am ready to go with them. The...
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Hello everyone !Wanted to reach out and ask for some advice! So currently, I generate leads and cold call for investors in Maine. I make dozens of calls every week. I find potential leads for trusted investors in my n...
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Hello all,I wanted to ask the BP community for best practices when buying out a business partner. We've held the investment for a little over two years, and if possible, my business partner would like to be bought out...
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Is property management a good business? It seems like the revenues should be up over a 5 year period because rents are up. At the same time, costs have not changed must or are lower. Any thoughts? At what point, w...
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“The startup’s business model, which is leasing apartments at market rental rates and furnishing them for short-term rentals in more than 30 markets, has struggled largely due to the upfront costs involved, associated...
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I see my rental properties as a business where my tenants are my clients and i provide a service. I try to keep a good and healthy relationship with them. My question is how do i keep balance between being attentive t...
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Hello - I have a rental property. If I sell it in 1031 exchange, can I then get another rental, rent it out for 2 year and then make it my primary residence i.e. homestead and that way avoid any depreciation recapture...
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Hi,I'm visiting the idea of entering the property management business in the next few years with my father, a retiring engineer who is a contractor as well. Through my preliminary research and starting an online cour...
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Need recommendation for simple bookkeeping and accounting (income and expenses with running totals) software or template. I know Microsoft Excel, but are there other options? Numbers in iPad/iPhone has financial templ...
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I am a home owner looking for a tax professional who can help me get maximum tax deductions on my home. I have a home based business. I would like to get maximum deductions from my business as well. Hoping to use my t...