I recently came across a new strategy that I don't quite understand and it sounds too good to be true. The principal is simple. Use your heloc to pay your mortgage and funnel all your funds in and out of it like a che...

My apologies in advance for being verbose, but the details are necessary. I've been living in my home for 7+ years and I've seen the neighborhood change with some property owners renting out their homes instead of sel...

Hello everyone, I am in the process of buying my first real estate investment property and I am hoping to gain some insight into a particular situation that I have found myself in today.A little information about the ...

Hello BP Family,
I just got a home inspection for a 3 family property and found a few items that I want your advice on a property I just had a home inspection on in Woonsocket, RI.
1.) The seller was told that there...

Hello BPers!I was initially hesitant to post this as I was contemplating whether this is a success story yet, but I'll let the BP world to decide. I'm sure everyone has a story on how they came across BP and here's mi...

I did a post about my first rental purchase here (https://www.biggerpockets.com/forums/223/topics/67...) which took place last month. During the time of acquiring the rental property I also came across an opportunity ...

Closed on it today, it's a 2 bed 1 bath in Portsmouth, VA. Purchased it for $30,000, after closing costs it was $31,650.15. Planning on placing a tenant buyer in there for $975 a month. Taxes and insurance will set me...

HiI bought two properties this year and sold them for a profit. It is my understanding the profit from those flips will be treated as active income and subject to self employment tax. However I didn't even lift a fing...

HiI am a new land lord and facing a menacing tenant. This guys history checked out OK but his lies started from the time he said he will move in. Finally when I told him to confirm and pay the rent by 5th or I will re...

Hi everyone! I am totally new here, so I hope you'll excuse my newbie-ness.I am located in Southern NH (about an hour north of Boston). I've been looking to buy a home for myself and my two boys. It's been very diffic...