I have been living in NYC since 2006 when I came to US. All this time my plan was to start a business and invest profits in real estate. This year I have closed my first business with some financial loss, but educatio...

Hello Everyone, Recently in one of my STR homes, the tenants cause major destruction to the property.  It looks like they rented it for 2 days and went wild.  Holes in walls, broken bathtubs, smoking weeds in the hous...

This is a follow-up to my recent post about IRA audit myths. In this long sequel, I will discuss hiring audit and "IRS audit insurance."
1. DIY IRS audits.
Can you defend yourself against an IRS audit without hired ...

Hi BP,I am interested with buying properties on auction.com. Does anyone know how this process would work? Let's say that I successfully buy a house on auction.com, would I need to reach out to an agent to finish clos...

We were very happy with the automated rent payment system from Erentpayment.com, however, after they the issues in November when they lost rent payments we are looking at other options.  What other services are out th...

Hi everyone, 
I am a new wholesaler and I am ready to start my very first Direct Mail campaign in Orlando, FL. I just had a few questions regarding how to structure the leads criteria:
I am focusing on Absentee out of...

Hi BP! Last year I teamed up with my longtime buddy and purchased a 4 bedroom (single family detach) house near campus while we are finishing up our degrees.We use 2 bedrooms for quiet living/study, and offer the othe...

I've just noticed Sooo many people who get into real estate want to teach it and become some sorta guru. I'm honestly not sure why this happens so much.

My uncle owns a billion dollar real estate company and just too...

Hi BP, I'm looking to connect with some folks that have experience with, or are interested in, investing in syndications. Specifically, I'm hoping to discuss where others are finding syndication deals to invest in, wh...

I read this article and at the end, the writer said it is better to rent to an illegal immigrant than not to. I have my thoughts but I was wondering what are your thoughts? I'm in the conservative state of Texas but l...