BP members, I am new to the site and to Real Estate Investment. Based on the reading I have done, I have created a five-year plan/goal. I would welcome the opportunity to leverage some expert opinions on my goals.  T...

Hey BP.  I need some advice.  I currently have a three family property under contract.  All three units are comprised of 2 bedrooms and 1 bath, and each apartment has approximately 1100 square feet of living space.  I...

Hi,I have a trust which has two fully paid off / depreciated condos.  I am debating buying a third condo cashing out of the first two condos to pay for it.The depreciation of the third condo will help offset all the p...

I purchased my first three single family properties this year. All in the Midwest (MI).  First was an REO, second was a short sale, third was an auction property.  The first was a 3 br/1 ba foreclosure for $50,000 an...

I would love to buy a third property but have no money to put down or for closing costs what can I do? 

Recently purchased my first two rental properties.  I was told that I have to wait two years before I can purchase my third home. I was also told that the two houses count as a liability and not an asset until I have ...

what factors should I consider when pricing my commercial property?I am doing my due diligence on a commercial building I want to buy for owner occupied usage.I'm looking to buy for $830,000 at $286/SFit's essentially...

Here's a fun story...it's long, but I think you'll get a good chuckle:

We have a short sale under contract, and there are two mortgages on the property, both held by Chase Bank. To get the short sale approved, there...

Economic Update(Monday, December 7, 2020)
Everyone keeps asking when will Congress pass a new stimulus package that our economy so desperately needs? The good news is that Congress is once again considering severa...

Hey! Can anyone recommend a national umbrella policy provider to cover 8 units? Some of them are in an LLC and some are in my personal name. Thanks in advance!