We are looking at a 116 unit apartment complex. The asking price is $4,950,000. The NOI is $484,000/yr. The seller will carry a 20% second. With 100% financing we should cashflow about $13,500 a month. That is calcula...

I've been seeing a lot of folks around BP that seem to be here with the express purpose of quitting their jobs to invest in real estate. The problem that I see, however, is that many of them seem to think that they ca...

So I recently spoke with someone from an organization that will remain nameless, and was basically told that if I didn't have at least $2,000 to start out with for investing, then I will never get any deals. My financ...

Hello,Depreciation is touted as one of the big benefits of buying investment real estate (rentals) . I am not able to understand the benefit of taking depreciation on a rental property. On one hand IRS rules force you...

Let's get straight into it. I know wholesalers that have made hundreds of thousands of dollars in assignment fees, yet they are missing the important fundamentals of running a business. Most wholesalers are hustlers a...

Help please! What are my options?I was high bidder at a sheriff auction a few weeks ago. I paid my deposit immediately to the clerk of court. While preparing for closing, the title company finds out that the seller wh...

What a great site this is! I thank my wonderful accountant and CPA for turning me on to BP. I am a beyond full time ;0) Realtor in the San Francisco Bay Area and a very proud native to the Peninsula...born and rais...

I got a letter from a lawyer that part of my driveway is on his clients property. When I purchase the home, the driveway was paved. Has been for 30yrs I’m told. The letter says my options are return to prior state, wh...

Today I’ve been feeling less motivated about wholesaling. I’m not giving up I’m just wondering if I’m trying to do something that’s not worth the time and energy.Someone give me some motivation give me input,inspirati...

I have been thinking a lot about getting into rental properties, they seem like a good investment to allow me to retire early but also still do the things I want to do.  My question is how do you create a positive cas...