Good morning dear BP members,

I am analyzing the below rental property deal in Florida:

Purchase Price : $ 50,000 (including closing, cleanup & rehab costs)

Amount Invested : $ 10,0...

I saw a posting stating "judgements for sale, pennies on the dollar" and I thought, could I help myself and the persons who have the judgements against them?

Consider this:
5 judgements at $1000 each
Purchase them fo...

So FYI I'm still rather new-ish at all of this....lol.  So I got a deal under contract from a guy that lives  out of state.  His mom passed away a while ago, and he's been taking care of the property from afar.  I dec...

I would like to buy my first rental property in a few months and am doing some research in order to be as successful as possible. With that being said, I have some questions. First, should I create an LLC and purchase...

in the long run is it better to build your properties or just find good deals to buy and rent out

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Hi. First post. 😁I understand that to determine depreciation, one takes the FMV minus the cost of the land and divides bu 27.5, correct?However, how does one determine the cost of the house(alone) on the property? Is ...

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I'm currently in contract on a property (2-4 unit) with a non-qm lender.

Since this lender is not adhering to Fannie Mae guidelines, I am looking to close the property in an LLC. I was told by my mortgage broker he...