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Today is Thanksgiving. Lots of time to talk shop, politics, or real estate investment with family and friends. I just spoke to acquaintance of in law, and he mentioned purchasing home within a year. I spoke to him abo...
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I love to see the success stories on BP, but it’s also important to learn from mistakes in the past – and better to learn from someone else’s mistake than your own! Without sounding negative, lets spill some of our...
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Hi BP. If I have a rental property (Let's say a 4plex) and the market crashes, what's the big deal? Won't I still have my tenants in there paying my rent every month, thus I'll still be getting equity in the property?...
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Can I pay a contractor with cash, but still write it off as a business expenses. If so, what is the best method for doing this? Should I be creating invoices and receipts to document and show proof of money's going out?
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Hey guys, I have a sad situation that I am going to be involved in soon. I am closing on an 11 unit building and two or three of the tenants have been living at their apartments for 15+ years and only paying $300/mont...
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So i've met a real Estate broker here in MN who owns a real estate company in Woodbury, and i was told that Wholesaling in Real Estate in Minnesota is illegal and i can get finned, can trialed. I'm a Junior in college...
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http://online.wsj.com/article/SB125479559237566623.html?mod=rss_economy
This article is talking about apts nationally. Vacancies continuing to rise and article says they will continue to rise. Tied to unemployment fi...
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Home sales soared nationwide in February leading many market analysts to wonder if the bottom has finally come for the distressed U.S. housing market. But it is important to note that sales also rose in December and ...
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Just watched the 60 minutes special on the homeless crisis. Very concerning when you realize that we are part of the problem. To keep our business profitable we absolutely have to screen tenants for felony’s, rental...
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I'm new to real estate, but I've been thinking of investing in self storage. I'm starting to have second thoughts after talking to a realtor. He's saying that it will be really tricky to convince banks to finance some...