I will be purchasing my first SF rental property.  My primary home is debt free, I have no loans whatsoever, have a good net worth.  I plan to take out a mortgage because I don't want to sell any equities and mortgage...

I carry a note that is now 3 months delinquent and I have to start forclosure. The borrower/ owner is MIA this is not the first time this has happened but he usually contacts me and gets his payment up to date. This t...

Hello
I’m David and this is my first post.
Just heard of BP last week and really like it . My question is I started buying residential income property four years ago and I’m up to 15 doors. Hoping to retire in the ne...

A homeowner in King County, Washington State just contacted me a few minutes ago about selling me his home which is in non-judicial foreclosure. The auction date is this Friday morning, Jan. 18th. That gives me three ...

purchased a triplex with the intent of living in a unit for a year and then renting out all 3 units. When I finished my closing

There is an attached rider ( 1-4 Family Rider, assignment of rents) to the dee...

***SOS*** Hey everyone, I submitted an offer on a buy and hold, and just found out the rents are lower than what I ran the numbers with. Is $90 / month still a decent cash flow? Rents for $890 - $950
This is my first...

I own a two-family home where I live on the second floor and rent out the 1st floor. For tax purposes I made my principal residence 50% and rental investment 50%. I have been depreciating half of the homes cost basis ...

Hello BP,I understand a lot of 1031 questions have been asked on the forums, but here's my situation:Purchased my first property with a home possible loan, i'm currently living in it and rehabbing it, i was going to r...

I am working on a spreadsheet for deal analysis and I need some input.In my deal (year 1) I have $10,512.00 in income and $8,316.96 in operating expenses.  Thus, income less operating expense is $1,195.04.  What is th...

Hello all! I have read through the IRS documents in this subject and can’t come to a clear consensus. Here’s the situation: I and my spouse got married in our thirties and both owned a residence. We got married Decemb...