I recently had an investor tell me that i should deplete my 401k in order to purchase a property free and clear. He said that if i was to make that move i would need to be sure that realestate is what i want to use t...

I have been looking at various property management software applications that exist, and Buildium seems to be an extremely popular one. Considering that it costs a minimum of $40 a month however, it seems like it migh...

So as I was reading the forums where hard money lenders were being researched, a thought struck me. I am a high earner and have maybe $150k extra cash per year to invest. If I were to use that cash to invest in buying...

Key Points:

-Keep the utilities in your name and bill back to the long-term tenants.
-Hire out lawn care and snow removal... or DIY.
-Insurance costs will decrease when transitioning from homeow...

I just got my first rental in November and I’m trying to get my bookkeeping together as the year closes and I Only have 2 months worth of income to track. I’ve been playing with QuickBooks to figure it out which I’m m...

hi everyone,I'm new to real estate and i've listened to many BP podcasts, especially the rookie podcast. I'm located in the GTA. it's really hard to get the ball rolling b/c most podcasts feature someone from the stat...

I know its a long way out but when the High Speed Rail is finished it seems inevitable that some people will forgo the expensive LA and SF rents and move to cities like Fresno or Bakersfield (they already are). There ...

Hey everyone. As most of you probably know they are allowing you to take from your IRA up to 100K and pay it back over 3 years with no 10% penalty. If you don't pay it back, you just pay taxes on it.  Of course I am...

My wife is graduating with her MSW in a few weeks and we will have about $50K of student loans. Would it be more wise to tackle the student loans and then start investing or save up a little more and start investing i...

Hi BP,My lender (a local bank in PA) pulled out only a couple of days before closing. Underwriting said our usable income is not sufficient for the bank to grant the loan.A mortgage officer from another bank is workin...