Hi all I have a dilema. I want to buy a property next door to a property I own. The objective is to knock the buildings down and put up condos to sell. Seller wants $650k and I want to buy at $550k. What are the creat...

I'm selling a rental property I've had in an LLC for several years. In June, I deeded it back to myself in order to take advantage of a 1031 exchange and be able to use my earned income to qualify for the purchase on ...

Hi allSo myself and several friends are interested in REI and want to work together. Some are talking about doing a multi family as a partnership. I’ve read enough to be wary of forming a 5-6 person partnership. Any a...

Hi BP family!I am about a week away from closing on my first property.  I intend to house-hack it and am looking for some advice if possible.  This isn't about the numbers, but more about the living situation of the h...

Hi all,Newbie investor hoping to buy my first rental property out of state.  I was wondering if I should keep my own set of books or rely on my property manager's books?  A friend of mine who invests out of state says...

I just purchased a house in need of rehab for 68K..4 beds and 2 baths.  ARV should be around 125. I should have about 100K in it totally when finished.   I paid cash for the property, but plan on taking out a loan onc...

Hi BP Community-I need some advise on a current rehab that is going south. Most of these issues are self-inflicted but I need help on next steps. First, my contractor and I have a handshake agreement on the rehab of m...

Good morning DC Landlords.
I'm a landlord  Philadelphia and my daughter will be moving to DC to attend grad school at John Hopkins.  I'm creating this post to get some information about how landlords handle ESAs.  Sh...

Hello, I am in the process of creating an excel model that will determine if a 4bd/5ba townhome investment will be profitable. I have never purchased a property before, and am trying to forecast expenses. 

What typ...

I am in the process of setting up a new entity in Texas that will replace my old operations entity that I've been using for the last 14 years.  I'm engaged to what will be my 2nd wife after a lengthy and somewhat cont...