Every homeowner understands the difference between their mortgage and the equity they have in their home but when it comes to commercial real estate transactions, the difference between equity, preferred equity, mezza...

I'm reading an Addendum to the Purchase and Sale Agreement for a wholesale deal and I came across this item in the contract:
Mineral Rights Disclosure: Seller reserves all existing mineral rights to the Property. How...

I made the “nice guy” land lording mistake with a tenant.She now owes me about $3,000….I know, I’m an idiot.She moved out without me having to evict her.Can anyone offer any tips on Small claims court?Should I hire an...

I've asked a similar question before but need further direction.  In years past, I gave descriptions of expenses to my accountant and they figured it out for me.  This past year, they charged me for the categorization...

My contact in KC offered me this deal. What do you think? 10338 Sycamore, Kansas City, MOPrice: $74,500.00Rent (gross income): $950.00/per mo.Property Mgmt Fee: $95.00/per mo.Insurance Expense: $45.00/per mo.Taxes: $6...

My tenant just informed me that the ice maker on the refrigerator does not work. Obviously, using ice trays can solve that problem. Everything else about the refrigerator works. The fridge is older so I'm not sure it'...

Wondering what kind of form/estimate sheet you all give your contractor?I've completed various renos, usually on the smaller side <40k and always used an excel spreadsheet with what is to be done, kind of broken do...

Looking for a bit of guidance on how to get started in multi-family rentals. I'm targeting a 10-20 unit apartment building within the next year or two. I think $1mm-$2.5mm range would be a realistic purchase price. I ...

Hello BPs, I am newbie here and have a question related to DSCR loan. I own multiple rentals (with conventional loan types) and its getting tougher for my next big rental ($2M property) which I am going to purchase th...

Hi everyone!I am a first time homebuyer and recently qualified for a 3% down conventional loan to use for a house hack. My plan is to eventually turn into a rental after a couple of years and hold for at least 10 year...