William Harvey
Accounting for house flippers
Hello BP community,For house flippers doing consistent deals, what tool(s) do you use for accounting? I've tried QB (admittedly, didn't try for long) and it didn't seem to be a good fit. Seemed like QB would be good f...
Andrew Koster
Building wealth w/ 4 rentals in San Jose.
I am going to try and keep this somewhat short yet detailed as much as possible. My family's portfolio includes three homes located in Little Portugal in San Jose. The first unit is a 2/1 SFH on .40 of an acre with a ...
Chris Mason
First wholesale deal. Traditional mortgage. *100% BPers.*
This was a unique transaction, and as much as I'd like to say I've "been there, done that, seen it all," this was my first transaction involving a wholesaler. Cast of characters: Account Closed - Wonky-deal-friendly e...
Maria Mccarthy
Security deposit claim
We have a tenant that leased for one year. She had a no pet clause yet unbeknownst to us brought a cat in. There were uncleaned litter box during an inspection. We had a a broker present too. The smell was terribl...
Robert McCormick
Tax Assessment Value Doubled - Will Annual Taxes Double? (Sussex County NJ)
The current tax assessment value of my property is $119,700 and I pay $4,188.30 annually in taxes. (2023 tax year)My house was recently revalued by an appraisal company with a 2024 assessment of $254,000. Does this ef...
Luke Franklin
First Duplex a bad idea?
After two unsuccessful attempts to buy a SFH (outbid on short sale and HUD home), I'm looking at a duplex to live in half and rent half. I know nothing about real estate and was directed to BP by a friend. I li...
Kenneth Bell
First crowdfunding infill development listed!
A home from my most recent infill development project was listed on ifunding.co. I have been so excited about getting into this space. Thank you all who have assited me and endured my many questions. @Bryan Han...
Yusuke Koike
Broken pipes cause tenant not to stay in the property
Hello,My name is LeoOne of my investor friend has an issue with his rental property (2 story townhome with HOA)What was happened to him and the unit is1) the drain pipe on 2nd floor bathroom was broken2) water leaked ...
Daria B.
UBIT? does it apply 4 SDIRA lending
Hi all-I’ve done quite a bit of reading and searching the forum - some posts came close to my scenario but not on the mark. For 3 years I have been JVing with a partner to buy Mortgage Notes (6 plus to 1ur holding) - ...
Gabriel Garcia
What to pay for a property. In need of help!!
I have been offered an opportunity to invest in commercial land with the intention to build a plaza on it. Approximately 3acres of frontage property. He wants me to buy in at 40% which is roughly 400k. He originally ...