Hi All,I’m currently in the process of purchasing my first investment property and was curious how you organized your finances to prepare:1) do you have a separate bank account for your investment properties?2) what %...
I started my real estate career in 2012 so I have never actually worked in a downturn or a slow market. Lucky me. Just curious on others thoughts. I don't see how prices can keep going up. All the fundamentals are st...
I own two rentals, one in Grand Rapids, MI and one in Raleigh, NC, but live in NY. The GR home is a 1920's home valued at approx. $130k, I owe $100K. Lease is $1,100 a month. I make about $100 a month. Lease exp...
My insurance agent has provided me with wise information on multiple occasions (the greatest money saver so far is to NOT escrow my insurance and bundle my properties when they are geographically located in close prox...
I have a tenant that left last October after being in the property for 5 years and there was damage in the property. I was very reasonable about assessing damage and made sure to prorate everything based on useful lif...
When I watch TV shows about flipping houses and the big profits they make, I wonder if they are paying taxes as the go, or using 1031 exchanges on every one. My wife is a realtor and about half of what she makes goes...
Hi All,I've been shopping around for portfolio loans to refinance some of my rental properties.I was contacted by another BP member who has has private lenders who said he and his partners can help me refinance - his ...
There are a lot of questions about whether or not MFM is a scam. The definition of a scam is a deceptive scheme, act, or operation. From this definition and my experience with the Multifamily Mindset and their employe...
I've owned real estate investments for about 10 years, but just started listening to the BP podcasts and blog posts about a month ago, so apologies in advance if some of this question is naive. I have a full time job ...
Agents, experienced folks & Psych majors, help me out! Looking for ideas! Oregon.We are under contract. Our current closing date is in 8 days. The seller has been extremely difficult to communicate with (accordin...