Just closed on my first SFH 2 weeks ago and I am AMPED to have finally defeated paralysis analysis and joined the club. Quitclaim deed has been initiated and the property is officially in the LLC's name. Let the fun b...

Scenario: Contract buyer and seller enter into a Contract for Deed. Buyer immediately files Memo of Agreement in the situs county. All goes well for two years and Seller applies for loan. Mortgage Lender realiz...

Opinions on Grant Cardone aside (I personally have mixed feelings), he had a podcast titled "How to Rip off the IRS" that I listened to today. I'll list what he said to always do below and my concerns.----------------...

If there was one golden nugget; one tip, you could give that would aid in the long term success of a new real estate investor, what would it be?

I'll try to make this short, I'm about to venture into my first flip, property is $58000, rehab costs $50,000, arv $180,000. My liquid funds are extremely limited so finally I found a hard money lender that will fund ...

I am here trying to get started on the path of real estate and am finding that everyone I talk to (minus people on BP) are almost trying to push me away from the real estate world. Comments like "being a landlord suck...

I’d like to start a new kind of real estate brokerage. It would dually represent buyers and sellers and charge a total commission of no more than 0.6%. Instead of depending on buyer agents to drive prospects from hous...

I always see posts from investors asking about the cost of a rehab, a particular estimate or a general construction problem. I have 20 years of construction experience. From remodels, ground up, all the way to develop...

Hey BP, I have a 3 unit property in Logan Square, Chicago. I have a PM management company that takes care of it, and in the past 5 years, didn't pay much attention to the numbers. As I started scrutinizing the numbers...

Hi BP,I have used my property manager for about 9 months now, so far i've been happy with what they have been doing.  I signed a contract with them back then, and every property which I have acquired and managed has b...