I found a small multi-family property (4 units, 2BR/1BA per unit) and it qualifies for FHA financing. I am thinking about living in a spare unit (the other 3 units are currently renting at $550/mo each). Has any of yo...

I am a newbie in the RE market looking to continue my journey however I don’t know where to start. I’ve managed to save $20,000 but getting a loan from the bank might not work in my favor being that I work as a freela...

Hi BP, I'm posting this for a friend.She's the owner of a Condo in Colorado Springs, the vacant lot/field next to the condos were going to be more Condos. Due to the recession the owner was not able to secure financin...

Hello all, Ive recently purchased my first rental property ( a triplex) and have discovered uneven subfloors. The house is 100 years old and i do not suspect foundation issues.. The floors in two rooms had a wavy look...

Hi everyoneWe stayed in our current home for many years,the neighborhood we stay is very desirable and convenient.But the high school is getting more and more competitive. It will no longer be a good choice for my you...

http://www.forbes.com/sites/petertaylor/2016/07/19...Please check out this interesting recent article posted on forbes! I'm curious what others on the BP community think about how this will impact the future of real e...

When just starting out as a REI business, how should you structure your company?
Sole proprietorship (with enhance liability insurance) or LLC.
If you and your spouse are running the business together, is this a partn...

Hello BP,I have a small (<$50K) Roth IRA that is currently 'self-directed' with Etrade to purchase stocks. I have read many posts on here about buying Real Estate with an IRA or Solo 401k (which I qualify for, but ...

Long time reader, first time poster.  I'm building a portfolio of properties, have 5 currently which total 14 units.  I'm about to form my second LLC.  I plan to keep growing and will probably create more LLC's.  I ha...

So I am using an agent to find a tenant for my property. I get an application and my agent says he is a nice normal guy.I get the application and it is MOSTLY complete and states he makes almost 18x the monthly rent I...