Purchase Price: $86.5kRenovations: $15k (included in loan)Total Investment: $31k cash (loan balance of $75k)Sell Price: Homes in neighborhood are on market/pending for $0.85/sqft, so we listed the house for the same p...

Hi! Let me start by saying I'm completely new, out of my comfort zone, and scared to death. HaHa! We are under contract for a log cabin in Banner Elk, NC. This cabin will serve as a family getaway but also as a short ...

                                                                Economic Update
                                                            (Monday, July 20, 2020)
In a previously unimaginable turn of events, the ...

Hello,Any advice, suggestions, tips for a eviction court date?  Renters owe rent for last month and this month.  Keeps saying that the bank lost their money, will pay me soon, husband just had major surgery so he is n...

Ok, I have read all the IRS publications and seen many forum answers on this basic subject and I THINK I now have an answer from IRS publication 523 but would like confirmation if possible as I think I have a quite ra...

Hello!
Question regarding deducting unpaid rent due to overstaying a month-to-month lease. 
I have a tenant who gave me a 7 day notice on a month-to-month lease last Sunday July 24, which means her lease would offic...

Hi everyone first off very excited to be on here and excited to learn more about real estate investing. My situation is kinda weird as I started out in real estate about 1 year ago, I got into short-term rentals and h...

Would like some perspective.  Not all of us are at the same point in our investment career or hitting our number, so realize there are many “right” answers.
We are starting to plane down in our investments.  Looking ...

Hey BP Team -Reaching out to you guys here as I've encountered this tenant situation in Sacramento for the first time.tl;dr highlightsTenant is consistently late and has an excuse.  I've constantly reiterated that the...

Hi, So, i have posted before about a possible deal that I was looking at and to be honest, it turned out to be over my head and after walking the property not worth the risk on a property of its size and cost. I have ...