Hello all I am new to real estate investing and I have a question .  It's probably better to give a scenario first.  Let's say I compile  $500,000 of investor capital  to begin flipping and wholesaling.  I buy one ho...

Hello fellow investors, I've been lurking on this forum for quite some time and this would be my first post. I've self managed my own commercial retail properties for years but recently came across managing a family m...

Hello BP,What are your experiences/opinions about using a FHA loan over conventional financing? Which scenario is better, in your opinion: (1) waiting a couple years to come up with 10-20% for a down payment or (2) ge...

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Hello, BP friends. I am new so forgive me I sound a little uneducated I want to give you all my first break down analysis and get some experienced opinions. I have met with my realtor and walked the house and it d...

I sold a property thru owner finance, but I have a question about the bookkeeping/tax side of it. Here is the journal entry for it basicallyMy questions are: 
Is the journal entry correct? 26K is quite a bit of reven...

Hello guys,I am a newbie and I have a question about calculating numbers when making offers to agents. I am planning to make 2-3 offers a day to an agent in Los Angeles area, but when I calculate my offers, it seems l...

So I’m using the bigger pocket calculator. When I put my expense in such as 5% repair, 5% cap ex, 5%vacancy I get a positive cash flow but on the 50% rule I get negative cash flow. I’m not sure which one to follow. Am...

Purchase price for 3/1 on 1 acre outside of town but only 5 minutes from major military base - $50K (realtor estimates land value at $65K)House is block construction, and foundation/walls are solid.  The rest of the h...

Heard from a real estate agent this morning:

House down the block from mine, listed at $385k, accepted a good offer of $345k. Bank appraisal came back at $243K.

Banks are using their own foreclosures as comps. So e...

Hello,

I am currently in the process of purchasing my second multi unit income property. I have established 2 years of landlord history with my current property and been at my job as construction worker for one year....