Yesterday I won a BID on an auction on a house in Lagrange IL.The Good:ARV -  $1,000,000Acquisition Price: $380,000Repairs: $200,000Profit Potential: HUGE - about $300,000 profit even if you assume 12 months holding c...

Hello BP, officially my first question here.
I've been hearing lately that "sandwich LO" is not a good idea. Is it true? if so, why is that? Is there bigger rist if the tenant decides to stop paying, so then you tak...

Good Morning Everyone,

I’ve been following BP for a couple of years and have finally decided to pull the trigger on earning my RE license - should be wrapped up and official come mid-July. I’ve always had significant...

I am new to wholesaling. Any mentors out there or recommendations on where to find one? What should I expect (50/50 split, fee based, etc..) Any info in this area would greatly appreciated! Thanks

Hello! I have a current LLC which I used for my other investments and contracts-digital property.  I had kept the real estate investments not in an LLC which I now want to change.  I was planning on adding my current ...

So just a quick question, I am thinking of a forbearance on my mortgage but I have some money saved to buy a rental income in the near future and I don't want that to hinder my chances of a loan on the income property...

I am an investor in a single rental property which I just sold.  I'll file IRS Form 8949 and Schedule D (with unrecaptured depreciation on line 19).  Is Form 4797 also required even though real estate is not my trad...

I'm just starting out in wholesaling and am sending out yellow letters. 3 days in and I have just over 60 letters sent...BAM! I got a phone call :) I'm very excited to have already received a response and I just start...

Material Participation Activities:
Property Maintenance: Engage in repairs or construction work on the property to maintain or enhance its condition.
Contractor Management: Oversee the hiring and coordination of con...

My husband bought a rental property in his name only and we now have an approved applicant ready to sign a lease. I did the tenant screening and will be the main point of contact for the tenant i.e. serve as the prop...