We have placed an offer on a bank owned property that was listed at $172,900. We offered $155k and asked that they pay closing costs. It generated a counteroffer of $172k with them paying closing costs.

Any advice on...

I read somewhere that when you are remodeling a house to rent that some of the repairs actually can be written off in the year in which the remodel takes places and that it all doesn't have to be included in the cost ...

Real estate agent? Accountant? Grocery store manager? Pizza delivery guy?Just out of curiosity, what was your job before you decided (or were able) to live off your investments? Doesn't matter how high/low paying or u...

I am really struggling to get off the ground in the Denver metro area; And I've read mixed reviews about going out of state for rental properties. (I read "Long Distance Real Estate Investing") Thoughts? Is it better ...

Hello all,I've been listening to the bp podcast for about 2 years now, essentially just for entertainment and an understanding of REI. However, recently Ive decided to try and take more actionable steps to get involve...

Hi Folks,

Came across a deal in a boom town and wanted to see if it was actually a deal. Keep in mind this is in British Columbia (BC) Canada so some things differ but any advice is still welcomed. The aim is...

When it comes to funding projects I use Private Funding.  It took a lot of networking and proving that I know what I am talking about.  I went to a lot of education programs and REIA meetings.  I now fund all my buy n...

Hi BP!

Would like the advice of the collective BP mind! I have a single family (1925 built) rental property in Bellingham, WA I purchased for 190K in 2009. Lived in it for 6 years. It had an unfinished basement th...

BP Hoosier Friends – After doing a ton of research, I’m interested in out of state buy and holds in the Indy market (primarily SFH but am open to MF as well). I also have close family in the New Palestine area which ...

As the saying goes, what goes up, must come down. I’ve noticed houses are staying on the market longer and longer, and prices are being reduced in response. Does this mean the boom is over and we should be preparing f...