How do you all save your rental property documents, handle receipts, and generally stay organized with your paper work? I feel that I am decently organized but use a combination of saving documents on my computer or G...
...handle the required Fair Market Value form every year? https://www.theentrustgroup.com/FMV "It is required by the IRS for proper tax reporting.If you are using a third party to evaluate the value of an asset, the v...
Hello everyone,I'm a firm believer that my money need to work for me 24/7 and currently when saving money for Capex, vacancy, and maintenance my money is not working for me. A bank that pays 1-2 % interest will lose m...
Good afternoon everyone! I am preapproved to cash out 180K for my investment property but my interest rate will increase to 4.63 and it will reset 30 years mortgage. It seems very high is there any other ways to take ...
Hello everyone! Through research on BP and listening to podcasts, I've finally found the confidence to pick up my first flip. I am partnering with an experienced investor that will coach my through the deal. He is als...
I'm having a bit of an issue. I've got money in an Edward Jones acct. left over from the sale of my first home 4 years ago. I specifically wanted to use that money for real estate investing. I'm at a point now wher...
How do I know a private money lender is legit and isn’t trying to scam me?
Hello,Like many of you, I started without an LLC and purchased properties via conventional loans and protected myself with Umbrella Insurance. However, I'm getting to the point where the business is scaling and I crea...
By all accounts, notifying a tenant that you are the property's owner is a bad idea. How can you avoid the tenant signing a lease to you, as the owner, without establishing an LLC and using that?
How do you folks track various expenses (furnishing, food, payroll, local & air transportation, referral fee, licensing fee, repairs/renovation etc.)?Do you link business credit card (or bank account) to QuickBoo...