This is purely hypothetical but I had an idea that I could explore if it's even legal.  My idea is to work with RE investors/buyers, and use my available funds to provide a proof-of-funds letter for their deals, and c...

Hi BP,I bought a townhouse as my primary residence in 2006. Moved out in 2011 and converted it to a rental unit which I recently sold in 2015. My question is about how to treat the loss for tax purposes. I have a CPA ...

Hi all, the tenant never had an issue and paid on time for 2.5 years. Now its the 5th and the rent was due on the 1st, with a 7 day grace period and $30 penalty thereafter. 
I need help wording a friendly reminder. I...

Just starting out with real estate investing and have a question.
With interest rates on the rise, our area has had a readjustment with housing prices and they have started to decline.
My question is does the BRRRR ...

I plan to get into Multifamily(12+ units) in Chicago this summer, wanted to sort out my finances accordingly. Is it possible to get financing with 10-15% down? I aim to acquire properties with below market rent, with ...

Hi Chicago BP peeps, this is my first post here so I’m still getting my bearings straight haha. Here’s our key question; is this a purchase and rehab you’d do or are we crazy for trying to take this on?Im attempting t...

http://www.sltrib.com/business/ci_14649910?source=rss

I realize this article is from a Utah paper and has a Utah slant, BUT read through the article. Actual # of homes in foreclosure jeopardy is expected to go from 2...

I typically always do 1 year leases but I had recently agreed to rent my unit on a month-to-month basis to someone starting 6-1 while they had a new home constructed estimating that it would close sometime later this ...

Hello Everyone,I'm a fairly new real estate agent in the Bay Area, CA. My brokerage recently had a quick presentation on how having an interest rate buydown vs. a sales price reduction could be beneficial to both sell...

What are your favorite real estate motivational quotes? Here are a few of mine;---Don’t wait to buy real estateBuy real estate and wait---YesterdayNowTomorrow---Don’t be busyBe Productive---Please share yours!