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What is your go to method/place for finding off market properties in your market? I find myself sifting through email after email from wholesalers (some daisy chains), some are literally just excel sheets with addres...
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Hello, I am trying to confirm how the IRS requires me to calculate the cost basis of an owner-occupied duplex for calculating my capital gains. I think I know the answer, but I am also hoping I am wrong because it doe...
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I am highly encouraged by the response on my post:How I Made Over $1M On One DealSo I am posing this question to BP Nation, specially the newbie landlords here.What is the ONE question you want to ask a Millionaire La...
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I live in Oregon, but I'm trying to wholesale (assign contracts) for properties in other states. Michigan, for instance. However, in Michigan, you're only allowed to do four transactions a year if you don't have a lic...
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I have a lot riding on this so please only answer if you are fairly certain about your answer. No speculating... I had a contract assigned over to me by a wholesaler a few weeks ago. The financing took a bit longer th...
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Here's a video of how not to landlord:
http://www.youtube.com/watch?v=wIrN-etPO0E&nofeather=True
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What is a cap rate? Why do I want to know it? How do I determine it? What is a good one?
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Hey all, I'm Tim and I'm about as green as they get. The wife and I have always talked about getting into real estate (buy / hold / rent) and just recently I decided to take the plunge. We're going to start slowly -...
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Is possible to start Real Estate Investing in NY With good credit but low low funds?
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Hello, to all! I've been researching and trying to get in to real estate investing since I was a freshman in college in 2005-06. I'm now at a point where I feel I'm ready to jump right in an gain some real life experi...