Hi All,FHA loans are great for owner-occupants with a W2 job, but can be prohibitively restrictive for those who are self-employed or run small businesses.  Have a borrower with excellent credit, cash reserves, track ...

Hello BP,After months of reading, asking questions, and posting on the forums I'm trying desperately to get involved! HGTV just doesn't cut it! I'm not sure if this is the traditional approach to finding a mentor, but...

I met a seller Saturday who owns a vacant house sitting in a excellent neighborhood.  I saw the house about 3 months ago and sent him a yellow letter.  We've talked on the phone about 5 times but our schedules never l...

I've been talking to a RE agent who wants me to sign an exclusive buyers rep agreement with them. Good idea? Bad idea? Thoughts?

Hi crew. My husband and I are new landlords in Chicago -- our tenants moved in on Aug 1. Shortly after they moved in, they told us about a funky smell coming from one of the kitchen cabinets. Since then, we have be...

Hi all, I am curious who here has an internal property manager (meaning someone on YOUR payroll who works for you and only you). I self-managed up to 25 units (over half mid-term rentals) until I hired someone for 10 ...

I was offered to partner up with a friend of mine, his proposal to me was. We as partners would build small 500 sq ft one bedroom units/ duplexes triplexes etc. 1. He would put up all the capital. 2. Give me an hourly...

When talking about cost segregation studies, a common confusion is the difference between reclassification and bonus depreciation and the role that each of them plays in terms of taxes. Let’s dive in.

Reclassificat...

So I was curious what every one did after you successfully get someone evicted or do cash for keys or whatever. But if a tenant still owes you let’s say $5000 in between back rent and/or some damage to unit. Does anyo...

I was watching a Barbara Corcoran podcast and the host was asking her; why it's a good time to buy a home when interest rates are high? 
Her response was something along the lines of wait until mortgage rates are in ...