My husband and I are very very new in REI... WE would like a mentor! We want to make educated decisions and need a little help in different areas. We live in the Winston-Salem area. PLEASE contact me if you think y...

The lender countered our original offer (250k) with an offer of 285k. There's a buyer lined-up at 340k. Should I try to cut down the 285k down to 270-275k, and increase profits? Or should we not risk getting denied an...

Here is the situation.  Dad passed away and there is an IRS Lien on his name.  He owed a house that is worth 30-50K maybe.  Lien is in the upper 20k range.  The lien has been on file since 2103 so in 2023 the lien is ...

Hello, all!The city of Independence, Missouri (a large suburb on the east side of Kansas City) is proposing mandatory inspections for rental properties.  The landlord would be required to hire an inspector, at the lan...

First post!

I really hope I haven't missed a discussion on this, I've tried doing a search on it here, and it mostly leads to discussions about how inaccurate Zillow is. :) Be that as it may, I am interested in usi...

Seeking advice from more experienced note buyers. I've been offered a 1st position, non-performing mortgage that has the following status:

There's a second of +/-50k. Home value is about $53k. I rea...

On August 29, 2019, my friends  had a closing on theirs new investment property. Right after the closing they tried to get in and discovered the original lock had been removed. They found parts of the old lock on the...

I was reading about and researching this over and over again, books, IRS pubs, here, elsewhere. I cannot get a conclusive answer even in forums with seasoned CPAs debating this topic.

That much is clear:
- If you hav...

Written by IRA attorney John Hyre:The Mazzei Roth IRA Case – An End to Magical SchemesThe Tax Court took a major step in the direction of curtailing SDIRA abuse. The case will put the kibosh to a great many “IRA Stuff...

I've recently come across a deal for 2 units in a condotel complex. I was wondering if all of my BP friends could give their opinions about these types of ventures. To me, it seems like an interesting niche. The ma...