Hi guys, my name is Alain,Complete newbie to REI, but am currently reading 1 book a week to catch up with the game! As I have been researching and learning from countless REI books and webinar/seminars, one of the mos...

We will receive a net gain of $250,000 from the sale of a relinquished investment property and the funds will be held by a QI. We want to purchase a mixed-use replacement property for $750,000--a home with a detached ...

I've heard various estimates for closing costs, ranging from 2.5-5% of the property value to the $1500-$2500 that the BP calculator suggests. I'm assuming that all cash offers will be a bit cheaper than convention fin...

Hi all, I thought I would list a few missed opportunities I have had recently, and ask about any of yours.  Mine fall into 3 general categories:1.) Wish I would of thought to... Recently, we went to an estate sale nea...

I am working through my 2019 tax return, which is significantly impacted by a $200K renovation of a 12-unit apartment building that I finished late last year. I recognize that repairs are deductible in the year of and...

I have a rental property that I have decided to sell as it is no longer a lucrative cashflow opportunity. The property was originally purchased 4 years ago as our primary residence, but decided to move out and rent th...

What are the scenarios that someone would sell a multi-family rental unit right now in the current market?

Noticed that the principal portion of my mortgage payment went DOWN from Feb to Mar. Looked back over the last year and it kind of jumps around, not always continuously increasing. Called the bank, they said it was ...

Hello BP Community!I purchased a property for $220k 6 years ago in Fall River, MA. Two houses on one lot/deed/title - a 3-family and a single family. It was mortgaged as commercial since I was not a MA resident at the...

A few of us want to get together to invest in a few rental properties. What would be the best structure to form this partnership (LLC, REIT, etc.)? If some of you can shed some light on pros and con's it would be grea...