Hello all,I hope you are doing well.I wanted to ask you a question for a friend of mine that is getting into Real Estate. What is the typical fee that can be taken when my friend was able to let a seller and buyer mee...

Hi, I have been investing for cash flow and I have a tenent who wants to buy my house.  The house has gone up $90 k & is expected to go up 10% or $25k in the next year. I expect 2 years minimum of an increasing ma...

I just had some tenants move out of one of my rentals. They allowed their pets to urinate throughout the house. I've had the old carpet and pad removed, floors sealed, and new carpet & pad installed. Now it seems ...

Hi all,So I've been scanning BP for an answer to this, and it seems that a good yield would be in the mid-teens and a good cap rate would be 8-12%. Can I confirm this with fellow BPs?(I'm aware that obviously these nu...

Here is a mortgage statement from a homeowner that is being foreclosed on. He wants to sell to me. Can I negotiate some of the interest and late fees down from the bank? And what is the best way to approach that conve...

Seeking advice on how to formalize an agreement with a partner to flip a house together and how to hold title assuming that we would not be creating an LLC until after a "trial period". What documents would you requir...

I have scoured the BP blog and internet and have not been able to find a clear answer to a few questions I have regarding Debt to Income ratio, so what better place to ask than here! So here it goes!1) I have had a re...

The June 2022 numbers from the Austin Board of Realtors shows the Austin metro market continuing to cool and stabilize in response to high inflation, rising mortgage interest rates, record high home prices, and rumbli...

I have searched BP forums in a few ways to see what the chatter is about Puerto Rico and the posts that pop up are old. Very surprising. I understand that PR is kind of USA territory but kind of not - which will under...

I am a full-time flipper. My wife and I just started acquiring rental properties and I want to offset the passive rental loses against my active flip income. I thought I just had to have 750 hours in my real estate pr...