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I am working on a purchase of a new rental property and the lender mentioned the option of a Multiple Advance Loan, where they would advance me additional funds up to the Loan To Value max of 75%. (this is in the con...
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Generally speaking, I've stayed away from properties that have ANY flood zone boundaries going through them. With our geography here being in a valley AND with FEMA recently redrawing the maps to be WAY more conserva...
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To speak with a real estate agent about off-market multi-family deals, you can follow these steps:
1. Research Agents: Look for real estate agents in your area who specialize in multi-family properties and have exper...
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Hi BP Community,
I’ve benefited from the BP brain trust when looking for recommendations on property management software so having finally chosen one, I thought I would share my findings in case it helps someone else...
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Im currently using a basic Excel spreadsheet to keep track of my properties and tenants. My file is detailed but not enough. Im looking for a software that can help me better manage the finances as well as tenants for...
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Hey all!So I just signed up for Buildium and wanted to hear feedback about using their platform for accounting. Currently I run QuickBooks, but their claim is there’s no need for QB as their accounting and reporting i...
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I prefer to have an email system independent of my Internet Service Provider. Others have said Google gmail is good, but I currently have folders for each of my houses as well as folders for other topics like my stoc...
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Hi all! I have a quick question to throw out. We are just closing on our first rental property this coming Friday! I have been through the Forums, and it seems like Quickbooks is what is recommended for keeping up ...
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The QBO class tracking feature, found in the more expensive Plus and Advanced versions, is used by many investors. I’m wondering if using Customer instead of Class would work, thereby allowing the less expensive Simp...
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Hello BPers! I am a new real estate investor looking to buy my first rental property in 2021. Based on your experience, what are your thoughts and experiences on buying a SFH or a duplex as a first rental property? Th...