I have a situation where an underground hot water line broke and I need to replace or run new lines. Until complete there is no hot water in the unit. We decided to run new lines. The issue is that the unit is occupie...

Need some help with tax math here.    Wondering if this is a viable alternate strategy to a 1031 exchange?    Here are the specifics:I'm getting ready to sell a rental property (Property A) for about $6.5M next month ...

Hi Everyone, New to BP & Wholesaling and hoping someone can help me understand the double close strategy a little better. I get the general concept.. but struggling to understand all the fees. So from what I gathe...

One of my properties has a brick patio with treated wood guard rails.  The red brick color and the treated wood don't make a really nice color combination, and I'm thinking about painting the wood.  Now, I have certai...

I'm wrapping up a deal on a 2 bed, 1 bath house for $55,000 in the Midwest. The rent will be bumped up to $700 a month. After accounting for the mortgage, insurance, taxes, cap-ex, vacancy, and property management (bu...

I'm considering purchasing a 2 flat property in a suburb of Chicago but the timing isn't great for the family to move--I would rather not pull our child out of middle school during the last year--so I'm wondering if t...

What's going on everyone! I have something big going on and I would like some feedback. What stuff do you put into your underwriting to assure yourself that it's a good deal and it's going to cash flow properly?

Th...

The secret formula to investing success“Opportunity is missed by most people because it is dressed in overalls and looks like work.” -Thomas EdisonI’ve been blessed to know and have relationships with some truly great...

Hello. I'm reading this very interesting book entitled Section 8 Bible Volume 1 by Michael McLean. In this book, Mr. McLean talks about something called preventive maintenance. His philosophy with section 8 landlordin...

Hey folks, I enjoy designing functional spaces in my flips, taking advantage of the square feet, creating the most usable environment possible. On my current flip I have knocked out a bathroom, and bedroom wall separa...