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...

I want to purchase a turn key airbnb night next door to my other one. I have 127,000 in my self directed roth. Purchase price is 350,000. How do I go about using these funds towards the purchase price, that would leav...

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...

Hello BP, I've been a residential general contractor for 12 years. I specialized in renovating distressed properties in urban areas. I've decided to become less hands on(hang up my tools) and devote most of my time to...

I never intended to become a landlord.  Bought house new for 300K in 2006 at the height of the real estate boom.  Refinanced in 2012 on a 20 year loan at 4% through HARP.  House now worth 240K.  I now owe about 160K o...

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 ...