Good afternoon,My business partner and I have an LLC that plans to borrow money from a friend to rehab a house and return it upon closing.  We have a contract. Do we need to get or file any paperwork with fed or state...

So my tenant had a plumbing emergency where toilet was overflowing. He called me late at night after he had already called roto-rooter. My plumber could not be available till next morning. The bill was quite high. My ...

In my day job we use Moco for tenant screening. Its super easy. I just fax them the application and usually within 48 hours I have an answer if they passed our screening criteria or not. But Moco only works with large...

Hi. My name is Michael. I'm new at BP. I found a property with 6 units. They asking for 760k. I only had 50k on cash. So I don't have enough money for the down payment. All 6 units are rented already. So I wonder if s...

I had a showing today for our rental property and the individual said her kids (all 18 years old or older) would be living with her and that one of them is disabled. My requirements state all individuals 18 years or o...

Been hitting yellow letters hard for some off market deals. All going to absentee owners in zip codes I’m interested in. Started off ok but been going cold lately. Here’s my script:

Dear Bob-

Hello, my name is T...

Curious, what if any, changes everyone is making for 2020 given the ever changing note climate? I.E. Are you staffing up, committing more resources to dealflow, raising additional capital, selling off your RPL's, etc.

OK with the food / water / survival posts recently I have another question I'm hoping to get some good feedback on....I'd like to buy some silver and gold.

Not as an investment - I'd rather put my $ in R.E. for that....

Maybe I'm nitpicking, but I'm applying for a DSCR loan and this is the second broker that is marking it as "Conventional."  They say its because there's no "DSCR" block (true) but why not mark it as "other"?? My conce...

You can read all the blogs and listen to all the podcasts but, until the rubber meets the road you'll never have all those theories tested.  That's where I am now and I have no clue what to do.  I think I'm stuck in a...