Hi everyone, Im just looking for some advice on this deal before i make a decision. 3 Bed, 2 bath home, fair condition with tenants ( 7 years) owner lives in CA. asking price 30,000, ARV = 50,000. Does any one think i...

I've searched the forums and haven't found any discussions that address a couple questions I have about calculating cost basis of a rental property.1) I know that to determine cost basis, you need to multiply the purc...

I've been looking into every door direct mail.  I'd love to hear thoughts and results from the BP masses with experience. Do you hit every route in the zip?  If not, how do you decide which routes?What type of mail pi...

A somewhat interesting acquisition here. I have an accepted offer on a property that is listed on MLS; I was able to get the seller to agree to significantly discount the property due to it's state of disrepair. The i...

Hi Guys,

This is my first post here. This is a great site. I read the forums daily. I just need some general advice. I'll try to make this short.

I'll be graduating school in May and will have student loans to r...

I have thought of buying a commercial property and have a couple of questions. Lets say I see a property for $1.2M for a first floor in a commercial building. A commercial lender requires 25% down ($300K). Should I be...

Hi all, 
Lately, I have been trying to do my best to learn the different tax laws and am confused on a few different things. Recently, my accountant told me that if I hold a property for over a year in a LLC that doe...

Hi there,
I am looking for some guidance. I have a rental property that is going to be opening up mid April. It's a 2 bed, 1 bath in Portland, OR. I have posted it on March 18th and haven't had any hits. I'm trying t...

I was hoping to get some input on a very freak accident. Four months after closing on a nicely renovated fourplex, a tenant parked their vehicle next to the rear steps on a day with 65 mph winds and a divider made of ...