Hi everyone,I am currently analysis a deal in Richmond, VA in North Chesterfield. Its a Buy and Hold. This is my first deal, I am doing a buy and hold strategy for a 3 bed 2 bath house around the Midlothian area. Purc...

I am new to BP and I've been trying to absorb as much information as possible.  My family and I moved to a bigger house and rented the old one, about two years ago.  We've been extremely fortunate with our existing te...

Hi guys I am 23 years old from CT, Im currently working full time as a bank of America security supervisor while holding my real estate license on the side. I have decided to save 80% of all of my commissions to be ab...

Hey BP hive mind! My wife and I are supposed to close on a multi unit (zoned as a 2 unit with a legal 3rd & bonus unit/in law) in Chicago tomorrow. Yesterday the seller (an older man who has owner occupied the pro...

Hi, 
.   I'm planning on purchasing my 1st property. I plan on purchasing ong that is a fixer upper. With that, what are the main things to notice when initially analyzing a fixer upper? 

Debating whether I should make an offer on this triplex:Unit A: 2BR/1BA - rents for $700/moUnit B: 1BR/1BA - rents for $600/moUnit C: 1BR/1BA - rents for $500/moTotal Monthly Rental Income: $1,800/moCurrent Owner Pays...

Hi guys. Found the forum through google, seems like a place I can learn from.
I've been reading this forum forever, and find myself more confused than when I started. Ugh.
Anyway, I need help on understanding taxes re...

This is a case of where my accounting MBA background plus what I read online is in conflict with my CPA's  knowledge. In filing my business returns (S-corp), my CPA seems to think that renovation expenses should go in...

Hello, I am a first time homebuyer looking to finance with either a 203k loan or standard FHA loan I have pretty decent credit but not enough cash down payment for conventional loan which is why I'm going the FHA rout...

Hey BP,I am in contract to purchase a duplex in Cincinnati, OH that I will house hack. With the price I am getting at, rehab estimation and estimated ARV in mind I know that the numbers work for this property to be a ...