When you write up your profit and loss statement, how do you break down the mortgage? Is the interest, taxes and interest the only loss? I'm assuming principal is not written in the loss category even though it goes a...

Hi everyone,I've been investing in land for about two years now, so I filter my mailing lists to only include raw land/lots.  Every so often I'll get a call from someone looking to sell their house, but I've passed on...

Hello,Im still brand new and trying to educate myself as much as possible by studying, reading books and posts here.  I am looking to start investing in the wholesale market.  One question is about the equity.  I unde...

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Banks make more money by NOT foreclosing on homes. Banks are dragging out the foreclosure process for their own selfish reasons. Until the day they foreclose, the amount...

The owner of a property across the street from one of my properties passed away in June 2020.  The family members have turned the property over to the "state" due to the amount of money owed.  I spoke with the family ...

Are you able to charge re-letting fees after an eviction? We won the judgement, but the tenants is asking if he can get an itemized statements to see if he can get any money back. Normally after judgement and their mo...

Ok, so here is my question. Every time I have a tenant late on their payment. The property manager will charge them a late fee should it be after the grace period. Now when I finally do receive payment the property ma...

Hey BP community,I am dealing with a new potential deal where the ARV is definitely there along with the rehab costs. The seller is insistent that he does not want to pay the owed back taxes of $37,500. He also states...

I am entertaining an idea and would love to hear back from those who have  any thoughts to this matter.  
I own 2 houses in the Arcadia area. One is an 11000 soft house sitting on a  little over 8000 sqft. North faci...

House was purchased for 300,000 put 100,000 Reno.  Need to either sell or lease out the home due to relocating 3.5 hours away. Comps would be 425,000 today. Rental rate would be 1,800/mo. No money owed on home.