Hi BP,I am planning on selling my house before the 2 year mark. However, I am at about 22 months of ownership. Will I owe capital gains taxes? If so how much and how did you calculate this? Purchase price was $187,000...

I have found a lender. But I am trying to do my due diligence on them. They asked me to fill out a application. I got an approval letter in my email with terms. They requested copy of my Id also. How does this sound ...

I have a tenant who decided since he signed up for the Army and is leaving for boot camp in a few months, he doesn't have to pay rent any longer. I filed eviction, but have been tossing around the idea of calling t...

BP,Quick question: Is it possible to wholesale deals off the MLS? I got the idea from listening to a few podcast this last week. I have been looking at a few properties in my area that have been on the MLS for at leas...

As of now, my strategy consists of searching Lafayette, and its adjacent parish's, sheriff sales, sorting for properties by zip code, and heading to the clerk of courts office to check for liens and any useful mortgag...

If you have ever used auction.com please post up your horror / success story here ! And I would appreciate ANY feedback you guys can give me on this property I am looking to purchase.  Comps are all around 50-60 *It i...

I recently bought and moved into a foreclosed home to renovate and flip.  We are 90% finished and will be listing the property for sale this fall.  Was a challenge to live through this procedure with a 3 year old and ...

I recently received an email from PayNearMe they will no longer accept payments from the Family Dollar as of August 10th.   That leaves me with Ace Cash Express since there are no 7-11's in Louisville, KY.  My tenant ...

My wife and I went to the courthouse to observe unlawful detainer (aka eviction) cases.  They seemed very straightforward and something we could tackle on our own.  In Virginia, things are pretty speedy and we think t...

I own a quadplex with a huge end unit I am considering converting into 2 smaller units for additional cashflow. Bit of background - The property is in a commercial area and I believe at one point in time was a hair sa...