Hello All,Check-out this article on BP regarding short-term rental lending options and how DSCR loans stack up as compared to other lending options specifically for STRs:Short-term rentals continue to be one of the ho...
Hi all,Every month I spend 2-3 hours translating the Appfolio cash flow report I get from my PM into double-ledger accounting for Quickbooks. First I do the Appfolio translation in a spreadsheet until I get everything...
Hey BP,I'm hoping to get some advice on a 1031 I plan on using this summer. Once the lease expires on a SFH I have, I plan on 1031ing the proceeds. My business partner plans on doing the same thing on a similar timeli...
What’s the best place you’ve found to pull a list of mobile home parks? Also I'm in Austin and would love to network with other park owners in the area.
I’m a long way off from my goals, but I currently own 8 units. Wanting to scale up a ton in the next 3 years. Having trouble with bookkeeping. What do you guys do for bookkeeping as you grow your portfolio? Currently ...
Hi everyone, If you had 200k in cash and wanted to create a maximal cash flow positive investment, what would you do? And where would you do it? Any advice would be appreciated, thanks in advance!
Hello BP community. I've been doing a lot of reading and listening to the BP podcasts. I plan on getting started with wholesaling. Im still working full-time, but I want to get moving. I'm working on my business plan ...
Connecticut law states that the security deposit MUST be held in an escrow account. When I went to the bank today, they advised me to open a Landlord Tenant account which I believe is not an escrow account. Can someon...
In my experience with real estate as with many things in life, I have found that clear communication of expectations has proven to be a key component in the successful structuring and execution of any sort of business...
Trying to figure out our best choice to tax shelter our forthcoming profits for sells lots we have subdivided from our primary residence. The mortgage on the house is being refi and the lots will be free and clear. ...