Ok time for a reality check. I'm busy. You're busy. We're all busy! And we're all on BP. Some are learning from others, some are sharing their knowledge with others. But all of you are spending time here.  And some of...

The NEW lease-option design...As I understand it, one of the requirements of the new Consumer Finance Protection Bureau, birthed from the Dodd-Frank legislation, is that ANY lender in an installment sale has to verify...

First allow me to introduce myself. I had been researching rehabbing for a number of years now and when I cam across BP started listening to all of their podcast because I spend a lot of time on the road. I finally...

Hello all,Thanks for any input. So I have owned a 3 family since February of this year. I did inherit my 2 tenants anyways I have always texted them a day before letting them know I would pick up the rent from them an...

I had to relocate to Chicago from ATL for my job and hired a property MGT company to assist with renting out my home in ATL. We found a tenant who owns his own company, wants to pay in advance with 3 month incremen...

We have received a rental application from a couple who probably would meet our financial rental criteria but they have listed that another family will be living with them. They are US citizens and will be sponsoring ...

Greetings everyone,So I’m one week to closing on my first home. I’m purchasing a Duplex with a 203k FHA rehab loan (Property 275k). 1. The first unit needs repairs, nothing major (Estimate 27k). Second unit is occupie...

Hi everyone,I posted earlier but it didn't go through so here it is again: any insight or help would be greatly appreciated.Here's my situation:-I rent an apartment where I live with my family.-I recently bought a coo...

HI BP Community!Can you help demistify Cap Rates? What is a Cap Rate? What does it tell me about the property? Why is it so important? I've read how to calculate Cap Rates, but I just don't get it...yet.Thanks in adva...