We've purchased our first investment property in a "revitalization" neighborhood. It has been on the market for about two months now. We originally didn't accept section 8 or housing tenants, but are reconsidering bec...

Hi guy- I'm wondering how I should report on my tax return an unsuccessful flip?
A bit of background - I bought 2 properties out of state using hard money loans last year. Turned out things didn't go as planned and ...

How does it look for possible nomad strategy in Vegas and Socal?  I live in in Vegas but would like to move to SoCal in the next couple years and am considering a nomad and or house hacking strategy. Open to other ide...

Hey fellow investors! Has anyone rented out their garage/parking spaces and if so, what site(s) do you use to manage? Also, I'd love to hear any additional ideas to earn supplemental income from a property (I'll be li...

I have an investment property (SFR) in California in the San Francisco Bay Area which I want to do a 1031 exchange on an out of state multi unit property however I will be “retiring” (done with the corporate rat race)...

Hello BP,First of all, thanks for reading yet another introduction :-). Young adult here (soon to be an old adult in one year when I hit 30), who finally decided it was time to do something with his savings. I've been...

On April 1, 2019, I am participating in a BP 90-day challenge to purchase my first multifamily property. This weekend, I looked at several properties in Burkburnett, TX (near Sheppard Air Force Base).  On one lot is a...

I have 2 rental properties, Texas and Georgia. I sold one in GA in 2018 (which we purchased in 2007) and didn't do 1031 Exch. Now, the depreciation hit me back as gain when doing the tax report. However, I reviewed th...

Here are some common mistakes made when investing in real estate:
Not researching the market: Not researching the real estate market and local economic conditions before investing can lead to poor investment decision...

I'll keep this short and sweet.  I've done some research but the ones I found were a little dated.  My question is how much money did you(should you) have in savings after purchasing your first buy and hold rental?  D...