Not sure I can call it a success until I've had sustained cashflow, but I did close on my first properties yesterday. They are three fourplex buildings, basically identical and side by side. They are located in Kansas...

This is a follow-up to my last year post where I discussed CPA charges: https://www.biggerpockets.com/...The #1 question we receive from investors who inquire with my firm about our tax services is "How much can you s...

I'm getting further and further along with my first unit.  The prospective tenants signed the "Agreement to Execute Rental Agreement" this past Saturday and provided the holding deposit, and now I need to send them th...

I'm currently communicating with a local large bank, hoping to get a loan to payoff a current terrible mortgage on my house, rehab, and probably flip.  What I like about this bank is that once I got on the phone with ...

So hello I’m Metta I’m 37. I have BBA. I also spent almost 7 years in prison for defending myself. I hope you don’t judge me. I’m here for financial advice. I’m a law abiding citizen. Only been home since last January...

We're looking into conventional mortgages for rental properties. Our business strategy is to buy 2-3 per year, and have them be paid off through rental income in 10-15 years max. Meanwhile we'll rehab and sell as many...

THE DEADLINE IS JANUARY 31!
Should you even bother?
Your first question might be – why should I? Well, three top reasons come to mind:
It will allow you to deduct their earnings on your own tax return.It is require...

How do you know who is legit and who isn't?And if it is a scam, what are they gaining? I've probably had at least ten private lending companies reach out to me through LinkedIn and I never know if it's real or not...U...

Most of us don't bat an eyelash when it comes to setting aside x amount of dollars every month for some form of 401(k), Roth IRA, or the like. But if asked to invest in real property, - emphasis on the "real" - you ar...

I am going through a difficult situation with my first rental property. My tenant was a bad apple... dealing drugs in the property. This lead to the swat team raiding the property and arresting my tenant. I evicted th...