We have a property in Central East Austin — very accessible to Downtown, UT, and the new Dell Medical School. We've owned the property for 15 years and recently paid off our mortgage completely. The original 2br house...

for the new years one of my biggest goals was purchasing my first income property . i had made some sacrifices and its looking like by the summer i should have 25-30k to invest. after talking and researching i have co...

About 10 years ago, Friend A (on advice from his CPA) and an IRS rep both told me that I should strive to not have a loss on my rental property for more than three years, or no more than three out of ? years (not sure...

Hi all at BP,My name is Justin Hernandez and I am from Jackson, NJ (where Six Flags Great Adventure is located).  I recently graduated Rutgers University with an Information Technology degree.  I have a deep backgroun...

Soooo I found a property that checks all of the boxes.  Gated community, 1% rent rule, newer property (13 years old), quickly growing area, close to shopping, beaches, solid cash flow, etc., etc.. Only negative is tha...

Hi BP! My husband and I are in are 50s. We are looking forward to retirement but concerned about our ability to weather the stock market swings over the next 25 years and maybe more. We have two kids; our son is just ...

This will be my very first purchase and I am looking into a triplex. If I waive inspection period, does that also mean I waive right to "inspect" or verify financial/rent roll history? I want to be able to verify all ...

Hello BP,
My Name is Anthony Henry
I'm 52 years old, with over 15 years in the mortgage industry.
My experience covers retail as well as wholesale lending, my last 5-6 years I served as branch manager for nationwide w...

Hey BP, I am excited to share my creative finance story on this deal I just wrapped up.  So the mobile home park details are as follows:Purchase price: $110K13 homes, 2 lot rent and 11 park owned.(2 vacant units)City ...

Hi! I have a 5% investment with my parents in a commercial property. I was wondering what the tax implications would be if they were to buy me out? I was hoping to use that money and some of my savings to purchase a h...