Hi BP family. We were under contract for a property near Corpus Christi (1 SFH and a 3plex); 3736 sqft. There was termite infestation in both homes but the seller won't budge when we ask for repairs so we cancelled th...

I'm sticking my business model in marketing myself as my normal profession as a cop, due the the know trust, morals and implied ethics instilled in us which isn't there with unknown investors. So, I created a dec...

I've got a $3.3M SFH, currently a STR that does very well.  However, I've got *a lot* of equity tied up in it that I'd like to deploy elsewhere.  $1.5M mortgage, 30-year-fixed at 2.5% so I really do not want to sell o...

I have been doing my own research on this subject and haven't found the clear answer or at least one I like. I have a call into a friend who is a Tax Atty/CPA as well but thought I would throw it out to the community....

Thanks in advance! I am super a newb.
I have found a duplex for $230k. If I bought it I would put 20% down. I could rent both sides sides for $1000.
That does not meet the 1% rule correct?
$2000/$230000 = .9%
The ...

I'm new to wholesaling in LA.  There are so many other wholesalers out here that are throwing around the same deals, I wonder how anyone really makes money.  I've spent money on marketing the last few months, but am r...

Some lead sources I'm working with throw out deals that require all cash. I like some of these deals and want to participate. I have the cash to purchase but ultimately I would rather use leverage so I keep as much of...

We have a proposal on the table to buy a property with a lease option in place. We would be buying the property for $30,000 and the lease option is $700 per month rent until Jan 2016 when the tenant is buying the prop...

Does this make sense? A tenant complained he had a leak from his toilet. The PM sent a handyman and this is what he wrote in the description:Request: My toilet is leaking from the baseDescription:General Maintenance L...

I was talking with a person who has run some businesses outside of real estate. They also made a success of being a wholesaler plus run some rentals (1 STR, some long term rentals).We were debating if it made sense fo...