Hello! I'm so happy to have stumbled upon BP through the Madfientist podcast and now, I'm addicted to listening to all of the BP podcast!  My husband and I are in our late 30's and are about 4-5 years away from reachi...

I always feel a bit awkward when asking a question because it makes me feel lazy for some reason lol. When you do an assignment wholesale deal how are you taxed? I do not currently have an LLC. I don't if I could h...

Just get the 30/60/90 days late list
Find out their addresses
Pick out your target areas
Choose your preferred homes
Stick post it notes on their doors
Then rake in the calls(if any) and see if you can get a deal or t...

I have had couple of opportunities to purchase a simple fee land lease where I will be purchasing the land only, and the commercial building on top is paying me a simple fee each month. At the end of the lease, the bu...

Hey everyone. This may be a dumb question so pardon me if it is. After completing a contract with the Seller (assignment) and when bringing a seperate contract to a cash buyer would I put my name as the Seller or the ...

I have a quick question as to how to allocate my umbrella insurance premium to my REI expenses. As the insurance also covers my non-rental assets, do I need to split the cost of the premium for book keeping purpo...

Hey, everybody! I just started my own property management company, and I'm looking for a simple template P&L Statement, and Balance sheet. If anyone could help me out, that would be awesome. Thank you!

I have a friend that asked me this question. He said if I buy a ready to move in home to lease to own to a good family at 20% below market/appraisal value. Could I find a private lender willing to work with me or do I...

Hello,I plan on signing a contract to purchase a FSBO property tomorrow. I've done this before using contract templates from the internet.... Does anyone have a suggestion for a high quality, simple sales contract? I ...

Hey, y'all...hope you're having a great start to your day! Wanted to vent/shed some light on something that is so important but often times executed so poorly and that's communication. It's obviously a simple concept....