What is an asset? 3 expert opinions that are radically different from each other
Philosophies from Robert Kiyosaki (Author of Rich Dad, Poor Dad), Robert Allen (Author of Nothing Down), Chip & Joanna Gaines (Fi...
Hello,I have some potential off market single families that a seller wants to sell. One is 3/1 and the other is 2/2. The 3/1 there are 6 tenants living month to month and the 2/2 there are 9 months left on lease. S...
Hi all! I'm wondering if my expectations of my management company is too high or if I'm misunderstanding what they should be doing for me. Recently, I asked management to notify my tenants that we were going to increa...
I'm trying really hard to not put on my tin foil hat, but here's the situation:We are under contract for a lake house in a VERY hot market (Lake Hartwell, SC/GA). Houses are listed, immediately a multiple offer situa...
Hello Everyone,I'm happy to be here on BP. This is first ever post so I hope it leaves a good impression. My name is Michael, I'm 25, married with 1 little baby girl, and I'm out of Phoenix AZ. I'm currently in sales ...
My wife and I are under contract for our second STR and I'm wondering how to handle the financials and bookkeeping as we go forward here (and hopefully continue to grow). We currently have an LLC, a business cc and b...
Hello everyone,As the title states, I’m a rookie investor in the Greater Nashville area. By rookie, I mean, I own zero residential properties other than my primary residence, but am working towards my first investment...
This property that I am working to purchase is getting more and more complicated as it goes on. I hope someone has some insight! His bank has been hounding him for some time now and is close to filing a LP. That is w...
I'm trying to understand the calculation for depreciation. I used a calculator and entered some numbers to find the yearly depreciation of a rental property. It tells me that it would depreciate in value by 7,700 a ye...
I have a 70 foot wide lot in Toms River with 2 HOUSES ON IT...and it's on the water and in a flood zone. Would it make sense to look into buying it and renting both out? I've heard that houses in flood zones need to b...