Hello BP World! Let me start by saying WOW, what a network of people on this site. I’ve never come across a larger gathering of like minded people who are all so willing to assist one another in every facet of busines...

Hello BP, I'm currently in the "research" phase of my journey to investing, but hope to get to the "action" part later this year. The market in my area is super hot, and usually in my research when I notice a good dea...

I was planning to buy 2 replacement properties as part of a 1031 exchange. Now one of the replacement property purchases may fall through. How would taxes be computed on a partial exchange, where I would be buying dow...

Deal: I have in hand a short sale deal in Lexington, Kentucky. It’s a beautiful 8,000 SqFt home with a lake front view and big pool. This house has been neglected by the original owners who built the house and went...

Hello everyone!I want to get into the Buy and Hold style of REI. Unfortunately, I dont know a whole lot about the financing programs available to me and how, if at all, I could use them to purchase a multifamily unit....

Hi all,I am selling a ranch that was used as a rental held tenants in common and have very little basis since it was inherited long ago. I would like to reinvest all the proceeds (375k) into a local flip (owning secon...

How do you account for closing settlement charges and expenses such as escrow fee, title insurance, wire/notary fees, recording fees, items payable in connection with a loan (on the seller side), appraisal fees, etc.....

my husband and I built a new home that was completed january 2012. Just a few weeks ago he accepted a job promotion out of state. Because we built the home there is little to no equity so we've decided to rent it for ...

Unreal!  Has anyone come across someone being kicked out of their unit due to ESA and a no pet policy?  Seems like the co-op being so Draconian backfired.  I can see if the ESA wasn't legit but appears the co-op didn'...

According to Forbes, the U.S. has the most High Net Worth Individuals in the world. A High Net Worth Individual (HNWI) is generally accepted as person who has $1,000,000 or more in liquid assets. A liquid asset is mon...