Hey everyone. I have a question. As a wholesaler(newbie) I’m getting asked for proof of funds that I don’t have. Does anyone else run into this issue? Or suggestions on what to do?

I am curious about the 2% rule. I am seeing it used when people talk about a property under 80k or so which is not realistic in California. Also, If one were to purchase a 4 unit in California at about $400k (which is...

So I am a first time renter and in October I asked the manager when my lease was up the date was the end of November so I was like awesome last part of school. Well i get a paper a week later explaining I need to pay ...

I've recently started moving into a new market and the contractors are known for not finishing the jobs or taking an advance and running off. To compensate I was thinking charging $100 for each day over (excluding ext...

We just experienced a strange scenario where we had an accepted backup offer, were strung along for months only to hear that the property was purchased by the Listing Realtor for $2k over our accepted backup offer.  T...

Hey BP

So I'm closing tomorrow I'm on the buyers side and I need to know what my buyer needs to bring to closing.
The sellers have agreed to contribute 3% to closing( should cover all closing fees)but the closing coo...

I'm looking at a duplex and I'm wondering if anyone has ever had a situation where a property could work as a buy and hold at one price or a BRRRR at another price and how they decided which would be better? 

The new tax law made it so that the gain on the sale of personal property can no longer be deferred through a 1031 exchange (1031s can now only be used for real property).Likewise, the new tax law made cost segregatio...

Hello, I'm looking to recruit investors in a house flip, similar to a crowdfunding scenario.  So my question is whether there is any tax liability to those investors.Assume one particular investor gives me (or my LLC)...

Hello BP,
I have a home that the buyer, whom I am holding a note for as well as him having a mortgage with Citibank. He’s late consistently sends his check about a month sometimes even two months late. But he is full...