I want to make sure when I'm buying rental properties, that they can remain profitable in any market. I ignore the possibility of the value of the property increasing,  I only am going to make decisions based on payin...

Advice needed on my ‘Smelly Mansion’ please!I’m having a hard time finding contractors willing to come out and give quotes this late in the season. I’m a new investor and I’m just beginning to work on building these r...

Afternoon BP!Bottom line up front: I reached out to a local bank, sent an email inquiring about loan services for REI. Loan officer responded saying that they didn't feel it would be a good fit, and that this is not h...

I need advice!! On Aug 3, I removed all contingencies because my loan officer said that everything checked out on the appraisal he received from the VA. He wasn't allowed to show the appraisal until the VA "cleared" i...

Hi Everyone,Hope you're all ready for the upcoming week! I JUST closed on my first turnkey property in Kansas City, MO and I'm SUPER EXCITED!! I figured I'd document my purchase, to hopefully help newer investors lear...

I dove into the IRS code today, and I think I have an airtight argument that the de minimis rule applies not only to personal property like refrigerators and computers, but also to materials and supplies used in impro...

Hi All,Hope everyone is having a great weekend.  I am an active real estate investor that has portfolios in a few different markets.  I am starting to evaluate a new market and have been intrigued a bit with Birmingha...

A lot of this may be obvious to some of the readers, but I’m going to mention it anyway.I own other property in New York and Miami and incorrectly thought that this qualified me to do a flip. Initially, I had thought...

I read an older discussion on the website Hubzu and having recently been involved in a sale with them, I felt an update was needed. Hubzu is an auction website for bank foreclosed properties. During the transaction I ...

In my subprime situation, my agent and loan-office inflated my income, convinced me to sign all the documents to "move things faster". Loan-officer, told me not to worry about the inspection that he is a licensed one....