All - there is some great information on here regarding utilizing a maximum overfunded whole life insurance policy to then take a loan out and invest in rental properties. One question I can't seem to answer or grasp ...

I bought a waterfront lot few years ago for $425,000. I owe $200,000. It was a 5 year note which is due in February 2013. The value has dropped since I purchased it and it's now worth about $275,000-300,000. I'm not t...

I am getting ready to put an offer in a “hot” / sellers market (NJ). I intend to finance the purchase with a conventional 30y 20% down loan. I am worried that after the offer gets accepted, the appraisal value might c...

For those who have been actively participating in Real Estate through making deals and acquiring property. I would like to know what impactful advice/lessons you have discovered that still guides you to this day in Re...

Hello BPers,I have a SFH under contract. Everything looks fine (no structure, foundation, mold issues, just need cosmetic rehab). However,  I found out that the basement is only 50% permitted per county record but the...

Hello everyone! Me and my fellow business partner have just finished our first flip and sold it in under 24hrs with 4 offers! The day we sold it, we were contacted by a previous coworker of mine who is wanting to get ...

I am looking to buy a rental property turnkey. I understand some tax benefits should be money I used on maintenance and the mortgage, but the biggest one depreciation seems to be out of reach.Do most people still use ...

Hello All, I have been reading up a lot on Passive Losses lately as we have been looking at some larger properties and considering using Cost Segregation along with that. These purchases would be through LLCs that var...

I have seen so many people start and stop in the Real Estate business more times than I can count. I recognize that a lack of initial success is going to result in people petering out but what about the people who fou...

A tenant recently locked himself out of his apartment (for the 2nd time).  He wanted to avoid paying the fee for us to drive out to his apartment and let him in, so he changed the locks and mailed us the new keys.  It...