Hi BP,So I have decided to check out my neighborhood for distress properties. Since I like to walk/run I decided that instead of driving I will just walk instead (this also save on gas). This way I will have more time...

I recently purchased a performing senior lien. While the audit was being performed by my servicing company they found that the loan was not escrowed for taxes and insurance at origination. They went on to inform me th...

Hey BP! I need help structuring this deal and the owner contract. There are some items I don't know how to approach.  The seller's situation: She is an elderly woman who's daughter is helping sell. Daughter is POA. Se...

Hi everyone! I’m gearing up to close on my first duplex next week, which I will be house hacking! Living in one unit and renting out the other to tenants. I need to finalize my insurance before close, but I’m unclear ...

Hello All-Before I settle on Lowe’s / Home Depot, I wanted to find out what other same-type local stores exist in the Catonsville, Glen Burnie or near that carry things like door knobs/ hinges, HVAC registers, kitchen...

I am a buy and hold investor, (typically) with a good understanding of finance, analysis and property management. The rehab piece I am learning. I am trying to put together a list of standard supplies for my propertie...

Hi BPers,Since the standard deduction is so high now at 24k for married couples, its looking like it makes more sense to do that than itemize. If I could deduct the full 25k in passive losses, that would be a differen...

I'm new to flipping houses.  Anyone have a Chart of Accounts and Items List they could share that would be helpful in setting up QuickBooks?

I'm not yet an investor, but aspire to be one someday. My mother in law has been using Airbnb for the last several months to rent out her very nice travel trailer. She has had great success, and has had many great gue...

I have owned a mixed use commercial building for over 10 years, there are two income producing apartments upstairs and the street level is an unfinished commercial space ready to be built out for a business. I have be...