Hi all,I'm in the SF Bay Area and looking to do some investments possibly out of state with a turnkey company. I have no cash readily available; however, I have a $175k HELOC available to me from the equity form my pr...
Hi BP,I've had a tenant for about six months who has typically paid on time. However, she has run into some hard times and is now behind on rent by $1,890. ($840 remaining for Dec 2019 + $1,050 owed for Jan 2020 = $1,...
I have a property ground lease that is 15 years old and 3 years left on the lease. A Hired broker of the large chain restaurant wants me to contribute 100k toward improvements and in exchange they will extend the lea...
Is there a way to easily use Quickbooks to track expenses for a specific rehab project (flip) against an initial budget?Let's say at the beginning of a new rehab project I have estimated amounts for the labor costs, m...
When analyzing a deal, should an investor who finances the deal with a conventional loan factor in ROI on debt pay down and ROI on appreciation?Example: I am looking at a property to purchase for $132,000, 25% down on...
I have the opportunity to purchase a 2b/2b 1300 sq. ft townhome for 200k. 5.5% interest rate and 25% down. Monthly payment is $1350 before vacancy and capex. There is an existing tenant who has been there for 5 years,...
My company is looking at the acquisition of a pool of first position non performing residential mortgage notes in various states. These mortgages are within 6 months of going to the foreclosure auction. Buying the not...
I have completed my latest rehab and have also posted some of the costs involved. I would appreciate any feedback you can give me in terms of how the house looks and what would you have done better/differently and if ...
Hi friends! I am finally getting to my 2018 taxes and we bought our first short term vacation rental property in 2018. We have receipts galore and trying to fill out our "schedule E" and I have a lot of questions. Our...
Hey everyone!Brand spanking new investor here. Deep in the corporate rat race with no means of free time and/or meaningful wealth generation. I'm also the owner of my photography business with early aspirations to tra...