Hi,My name is Edwin and I have no background in real estate.  I am a 5th term electrical apprentice, I started (as an apprentice) in residential re-wiring knob and tube for a year, moving onto renovating homes and now...

I have had profitable years in the past and have paid a significant amount in taxes. This year will be more profitable than before and I’m working to gain the knowledge to help me not continue to just stay on this pat...

Hello BP!I bought a few houses in Philly with a traditional mortgage. due to that, I had to take title with my name. Now I'm starting to form an LLC for each of my units and my question is: Am I subject to transfer ta...

A little background..... I live in Brooklyn with my wife and 2 kids. We love real estate but find ourselves priced out of our local market. We own two out of state SFRs that we bought turnkey and they are performing w...

Is a short sale directly with a lender required on a property with a reverse mortgage? HUD website says that the heirs of the property with a reverse mortgage can sell at fair market value even with negative equity an...

An older gentleman I know owns a mortgage and wants to sell it. The occupant has become a problem and is way behind on payments. If he sells the mortgage will the buyer be able to foreclose immediately? The gentlem...

If HELOC’s have a interest rate that adjusts/fluctuates/variable based on market conditions, why would anyone take out a HELOC compared to a regular home equity loan? A home equity loan has a fixed rate, so you don’t ...

Hello all,Would love to hear your thoughts on whether there is a beach town that allows short term rentals in California, and where the following plan may make sense. We're looking to buy a property (most likely a con...

I keep reading people here saying  "Your rental properties are a business" as a precursor to  some inflexible dogma about sticking to the letter of agreements and pursuance of remedies for breaches. Let me point out ...

Hello BP community I'm just starting out on my journey and I am interested in investing in rental properties including vacation rentals. I have read "the book on rental property investing" and a few other books as wel...