Hey BP:
I am about ready to close in the next week on another property in Indiana.  It is an all-cash purchase.  However, I have a partner who is willing to cover the rehab costs of 40K.  I have the promissory note w...

Hello BP Community. This is the first time I started a thread. I have been lurking on the forum for about almost a year, reading, learning, and posting a few opinions. Now I need yours.Background:I dabbled in REI for...

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $52,500

What made you interested in investing in this type of deal?
My wife and I were moving back to Michig...

Investment Info:

Large multi-family (5+ units) other investment.

Purchase price: $600,000

Sale price: $4,200,000

Purchased land with existing 3 rented townhouses (separate building) and approvals for...

Hello all! As title states am interested in purchasing a 4-plex, owner occupying one unit and renting the 3 other. Can anybody offer insight for which things to be mindful of as part of our due diligence before purcha...

I was approached by my neighbor if I wanted to purchase their house since they plan to move in the next three months for new job opportunities. It will be an off market deal. To save on fees for both parties, we are p...

  I’m buying a house in a couple of days and there is a renter in it that hasn’t paid their rent for the last month according to the seller. The renter went on a month-to-month lease over a year ago. Should I get the ...

What is the tax treatment for the different income streams from Lease Options?  Is the Option fee self employment income (business income) when rec'd by a "future potential buyer"?  Can the monthly income be "rental i...

I'm purchasing a property and taking over the tenant who is currently in a month to month lease, always behind in payments, does not live in the property, but does state in the lease agreement he can store stuff at th...