After purchasing a few buy and holds in Florida I realized how hot my market is and wanted to buy more but needed some cash...so I decided to do a flip.  I ended up at the foreclosure auction bidding on a house (that ...

Hello All,

Ive read a lot about the 1031 exchange and the live for 2 years and own for 5 years rule. Ive also heard of people using some rehab costs as tax writeoffs? But other than those few laws I've learned from o...

I need a new roof & gutters on one of my buildings. It's an expensive job given the size and height with quotes ranging from $22k - $40k. Additionally, the old aluminum siding on 3 sides (the front facade is new v...

We are looking at a house we might be putting an offer in on. The problem is there is a storage shed in the back that will definitely need to destroyed. What would you budget to demo a standard storage shed + haul off...

Chase (the mortgage holder) took a homeowner to court and got a judgement against them (for what specifically it doesn't say) for more than the loan amount. So they are selling the house at a Sheriffs sale. I am no...

I wanted to pose this question to a BP forum to get your take on this.  Private school or more expensive home?  So Rich Dad Poor Dad has left quite an impression on me.  I'm being very mindful to adding to my asset co...

First time poster. Have never owned a home, and I love my apartment in Chicago (which I rent). I’m saving for my first investment property and I’m thinking to either look for a house-hack in Chicago (which would be ex...

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I need some help with thinking through the self directed 401k. I have two side business: (1) professional service firm, and (1) real estate investment company. Both are new companies, and in their infancy. I do not ta...

Hello BP,I have never shared my very first deal I completed myself, that actually got me addicted to real estate investing. So I thought it would be cool to share my first experience in hopes that it may influence oth...