We are in Illinois - looking to purchase & rehab distressed single-family homes using private money loans. Once rehab is complete we plan to refinance to pay off the private money loan and lease-option the proper...

Hi Guys, I visited this home yesterday. It sits in an area that makes its Comps around $260k.it's a 3 bed 1 bath or at least it was before it became a rotten shell of damaged floors and nothing useful. This home will ...

Hello,
I'm about to go under contract soon on a single family in the South of Main neighborhood which I intend to hold and rent long term. I'm trying to decide which inspection to do, and the current inspector that ...

“Control Freaks Don’t Eat”This is less of a specific real estate post and more of a general mindset one, but is extremely applicable to a ton of people I talk to who are starting out in real estate investing.
Earlie...

Hey BP Community!One of the most interesting things to me in RE is flipping. But there are some minimum required construction skills when doing a rehab, that an investor should understand, in order to at the very leas...

Hello! Any lease-option sellers out there that can help me? If the lease is for two years, how do you calculate a reasonable buy price at the end of the lease if the buyer exercises the buy option? I have tons more qu...

My parents bought a short term rental property in Cape Coral Florida in 2021. From what I understand, they can use bonus depreciation once a cost segregation study is done. Unfortunately they did not get a cost segreg...

For those of you who flips or do a rental turnover that the renovation may last a while - let's say longer then 3 months - during such time the property will be vacant and you may have expensive tools laying around, a...

I just have a question about the process and contracts of wholesaling homes.Is it:1. Find a home and speak with seller.2. What contract do you use for the seller?3. Find a buyer4. What contract do you use for the buyer?

Hi BP; I've been getting alot of questions asking how I got private money for my last deal so I want to use it as an opportunity to share so that others can do the same. In many markets today, deals are so competitive...