So my friend and his family own a very successful construction company. They have a piece of property they are going to sell to me for 60k to live in. I’ll get the deed then go get a HELOC and they will do all the wor...

Hello everyone,I’m in Wilmington, NC and I’d like to know what would be my long term capital gain tax on a rental property that I own for 3 years, assuming that my household gross annual income is $82,000. In my parti...

Hey BP! I am very intrigued by the BRRRR strategy and have recognized there are many distinctions between what is and is not possible in Canada compared to the US. Is the BRRRR strategy something that works in Canada?...

Hi! It seems like it is very hard to find properties that will cash flow for buy and hold investing in my area. So I'm looking into using direct mail to get deals. I will probably start with absentee owners and maybe ...

I'm relatively new to RE investing and am striving toward a career in flipping. I recently spoke with an elderly homeowner's son about his mother's house. He told me that she moved out to live with a relative an...

Hello everyone, I have joined (online) investor groups in my area, which is Boise, Idaho. I am going to try and go to some of their meet ups whenever work permits the time. I am simply wondering what is common etiquet...

Hi BP,
I have currently owned my property for 6 years and am curious to know if I rent it out for one year, then sell, will I have to pay capital gains since it's been rented for less than two years? Or, since I hav...

I live in texas and am wanting to get into lease options, is the sandwhich lease option illegal in texas? I need a resource or to speak with someone, so I know what is legal and what is not. Any assistance here would ...

Hey BP,

I have the potential to get a nice property (townhome built in 2006) under contract in the 60k range. It is owned free and clear by an out of town owner and comps are easily 90k. Currently rented at $...

Hello Real Estate gurus,

This is my first post here and I would like to say thanks in advance for any insight and advice.

I am in Washington state. Here's my situation:

I just got a rental propert...