How do you determine what to charge tenants when you have not paid off the property? Is there a certain ratio that should be between the amount of the mortgage and the amount the tenants should pay? I’m sure this has ...

Hello BP friends! I'm currently in contract to purchase an 8 unit apartment building in downtown Columbus, Ohio.  I'm looking for great commercial lenders in the Ohio area.  Like to start a relationship with some lend...

A property I am looking at is coming up for foreclsoures sale soon. There is 1 mortgage and I expect the upset price related to that mortgage to be about $200K (including late fees, attorneys fees, etc.). In researchi...

Depreciation(almost 35% of income), taxes(almost 35% of income), mortgage interest(almost 40% of income) lowering tax return this year taking my business income to negative value. Last year also it lowered to much mor...

Hello, I'm a newbie and recently bought a rental.  Now we are looking at a foreclosure to flip but I'm a little nervous about a possible second lien.  In doing my title research through the county records I found a "b...

Hello BP,

I have a property in Houston that I have under contract for $8,000 and its on escrow. Title company mentioned there is a judgement on it for $9,5000.

So I am just wondering if there are some r...

When browsing NPNs on the internet note sale sites I frequently see NPN for sale that, in my mind, should be time barred by the applicable state's statute of limitations. This one in particular is from my home state o...

Greetings BP Fam, Motivated seller wants a contingency cash contract for bankruptcy court.  Seller owes mortgage that is at least $100,000 higher than what I would offer. Is seller just using me to provide contract fo...

Hello, anyone have info on starting a judgment recovery business, forms or time it takes to complete recovery or any help at all

There is a vacant property in my neighborhood that I have had my eye on for a while. I found out that the owner if in Chapter 7 bankruptcy. Can someone provide advice on how I should proceed to attempt to purchase t...