Hey BP,Had a question, which I have asked my Broker. (awaiting response...) But wanted to get your thoughts of the advantages of being an agent for flips from a "commission savings" standpoint.Assuming I can use my li...

Sigh, I need help in analyzing a deal.  I've come across a property selling for 70K that has a 3-apartments atop of a retail space.  The apartments are 3b, 2b, and 1b according to the listing.  I'm wondering how to 1)...

Hello all,Currently looking at properties in my area on auction.com, I am looking to rehab and subsequently resell at least two properties by the end of this year and there are a few on auction.com that have caught my...

Is the $3600 I just spent to fix a broken sewer pipe a repair to expense all this year or a capital outlay to be depreciated?  This cost includes snaking, excavating pipe, and repairs to pipe. I would think it's an ex...

I live on Cape Cod and want to build a duplex. Its my first. I dont care where it is located or if its a 1/1 per side or 3/2 per side, etc, therefore im open geographically and can focus on the markets and numbers.I ...

I’m currently under contract on a 16-unit apartment complex. The broker’s pro-forma showed NOI of $51K, however, when I dug into the income statements, actual NOI was only $36K. I called the broker, and she explained ...

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Hello BP 
My name is David I am a new investor and currently in the market looking for my second deal. First deal was a two family house hack using FHA. This deal we are looking for a distressed property and plan to ...

I'm new to flipping houses.  Anyone have a Chart of Accounts and Items List they could share that would be helpful in setting up QuickBooks?

Hi all - I'm wondering what your stance is on a survey when purchasing a park. I'm negotiating on my first purchase. It's on 18 acres, only about 3-4 of which is developed. Topography isn't really conducive to further...