Hi BP,We are currently exploring a highly profitable flip. The property is in a prime location and rehabs are being done all around this property. Major issue is that the property is down to the studs. It has no roof,...

What creative strategies have any of you used to minimize taxes in these quick buy/sell scenarios?

I have had my first rental too long. I admit I have this thing for it: 1000' to a great beach, my dream retirement home, a super long term tenant, a super appreciation.   But from a return on equity it is well out of ...

Hello everyone. There are two property In queens that my family owns and I manage! The original insurances are covering the original purchase price of the properties, which are 25% of the worth in this day and age. I ...

Thanks in advance for any opinions.I'm practicing analyzing deals.  A pro forma from a turnkey company has cashflow on a property listed as 220/month, and the bigger pockets forum has it listed at 130.  The difference...

.66 acres in growing community. Busy hwy frontage. 4 commercial rental location on the site. Currently all rented out though 2 will soon be empty. 1 of them I will use for my wife's business and the other will need to...

Hey BP, I am in the works of starting my first REI project. My father in law is looking to partner with me, him bringing the cash, myself finding the deal and working it. What are some strategies and ways he could mak...

Hi all! First time poster here, been lurking for a long time now.Little background: I am 25 yrs old and currently live in Austin, TX. I work as a civil engineer for developers working on master plan communities, comme...

Hello BP community,My money partner is out of town and I have two potential off-market deals that I will probably need to pull the trigger on or lose. One is rentable at $650/month in as-is condition for $55k. It is a...

LIABILITY - Continued Always carry as much liability protection as you can afford. As a minimum, you should carry $1,000,000 per occurrence. The larger your portfolio, the more liability protection you should have. Su...