Hi there! I have my boat on the pea gravel area which is on the corner of my multi-family property. This area is Not part of the lease. I need it for the winter time only. My tenant is complaining that it's driving un...

Hi everyone,I just purchased a new rental property 3 bed up 4 down that I will be taking possession in a few weeks. I am doing a few changes including legalizing the basement suite and one place I'm struggling to find...

I'm in contract (in Oregon) on a house that was built in 1950 and have been advised by another local investor to NOT get a lead and asbestos inspection. That due to the age, you should just assume leads in there and p...

I get the double closing. What I dont get is the assignment, how exactly does it work? From what I understand I have the seller sign a purchase agreement with an assignable clause. However what I am confused on is the...

Hello BP world. I am writing from storm stricken Lake Charles, LA.  Within a short period of time our city endured two back to back hurricanes, a freakish flood, and an unprecedented freeze that has unfortunately left...

I recently saw a post from Anthony Walker asking experienced real estate professionals and those newer to the business about gaining a competitive advantage and it got me thinking about what competitive advantages a r...

Hey guys,
From what I heard banks normally use your gross income to debt ratio to determine your borrowing power. If I depreciate property value on my tax return to deduct my net income, will that impact my mortgage ...

I'm trying to decide for my future rental if including a washer & dryer with the unit is worth doing, and if it attracts more tenants? Or, is it just another appliance you have to worry about breaking, so don't bo...

My biz partners and I found a house on the MLS and used an agent to make a cash offer, which was accepted and we paid 3% commission.  I don't mean any disrespect to agents, but we can't help but feel like the 3% was o...

Economic Update
(Monday, June 15, 2020)
It’s official: The longest expansion in U.S. history ended in February as the economy fell into a deep recession, according to the National Bureau of Economic Research (“NBER”...