Hey BP, I was just curious what was everyone take on buying rental properties. Do you or would you buy turn-key properties? Why or why not? What do you consider turn key (i.e. already renovated and rented or just reno...

Hi BP, Along with large multifamily complexes, I have been very interested in self storage facilities. Is anyone investing in them? What are some things to look for in a good potential deal? How are you finding them a...

So I've got a good handle on non-performing notes (2nds) that are both totally and partially covered by remaining equity in the house.   Does anyone deal with or know the approaches for no equity 2nds?  Seems like a g...

Hi All, I have been studying markets in real estate investing for some time now. We have gotten our finances in line and currently are looking more in detail to purchase our first real estate property. We are in the n...

I could use some advice.  I have one property that has been rental for 13 years and I am experiencing my first major tenant issue.Tenant has had control of the property for approximately one month after signing a leas...

I was at a meetup the other day, and we were discussing the question, "How much should I keep in reserves for each rental property?". So I figured I would post it to hear everyones feedback
My quick and simple answer...

We just purchased a 4-plex in the Minneapolis, MN suburbs.  The current rent is averaging about $720, but the going rental rates are somewhere between 1050 and 1350 for a 2 bed 1 bath unit.  We have purchased this pro...

Hello, I recently bought a small store just outside of LA, and my accountant was telling me if I wanted to save some money on my income taxes for next tax season, I should consider a Cost Segregation Study. He told me...

I have not wholesaled a house and finding one that would make a acceptable deal, for a buyer, is very difficult in our area.  I have done two fix and flips and they are a lot of work and a fair amount of risk as well....