This will be a continuously updated step by step BRRRR post.  I stole this idea from @Lesley Resnick so I first need to give her some credit. I really enjoy reading about her progress and it inspired me to do it as w...

Hello everyone,
As a newbie investor, I am trying to learn as much as I can before taking the plunge. I started the process of learning over a year ago, but I still feel no closer to making my first purchase. By acci...

I am curious how many DIY folks here are making it work without a truck, recently i have been contemplating switching out the car for a truck as i perform more and more DIY task myself, i have been making everything w...

I want to try using AirBnB or FRBO to rent living space to corporate customers at a rate lower than extended stay hotels and by providing an atmosphere closer to a real home. It would be completely furnished. Of co...

Hi Everyone,One of the key parts of investing is obviously finding the financing for the deals after you find it. It can be one of the easiest parts but you need to know what to look for. So many investors will tell n...

I am new, have not bought my first property yet, but I have been a "businessman" for 20 years. I have a higher than average tolerance for risk, so long as it is "calculated" risk. For the sake of this question, assume...

I am closing on my first rental on the 7th. I purchased it with cash and will also being doing the rehabs cash. By using cash the ROI numbers are coming out nice, and being in the military if I leave it gives me margi...

There's been a lot of discussion on the forums as it relates to differentiating bad debt from good.  The most common view on BP is that any debt which does not produce investment returns is bad debt.I, for the most pa...

I just completed my FIRST FLIP! The rehab took approximately 3 ½ weeks. The home is a 2bd, 1ba townhouse that is slightly over 1000sq ft located in Illinois.Numbers:Purchase Price with closing cost: $55,290.25Rehab Co...

I was reading about and researching this over and over again, books, IRS pubs, here, elsewhere. I cannot get a conclusive answer even in forums with seasoned CPAs debating this topic.

That much is clear:
- If you hav...