I wanted to officially introduce myself here. Although this is my first post here, I’ve been on the bp band wagon for about a year.

Last year my wife and I decided to start driving semi trucks so that we could elimin...

Good Morning BP!I have found an abandoned home. Actually, I have found 6. I cannot get a hold of any of the owners. I have looked up their info and sent letters...but nothing. What can I do next? 4 of them are foreclo...

Hi,I'm in the process of selling one of the properties that has decent equity. I have suspended Passive Activity loss that would reduce the gain, but not eliminate the gain from tax POV. I have another rental property...

I'm an avid consumer of the BP podcasts, and to some extent the content on these forums. So I understand that any buy-and-hold strategies don't generally care about short-term market conditions. When asked "if the mar...

       I believe this a topic worth talking about, since most insurance policy do exclude this from their liability clauses. And you never know when you get a similar call.        The property in question is an SF...

Hello fellow flippers. I'm doing my research and I'm wondering what's the best way to see more of your profit, the right way of course. I hear 1031 exchanges are the way to go but it doesn't eliminate capital gain tax...

Hi everyone, I am an moving to a new home and planning to rent my condo in San Diego (central Hilcrest walking distance to Balboa Park / Zoo). The condo is modern and basically in perfect shape, completely remodeled 1...

Hello everyone!
I have a few questions regarding some renovations that I am considering for my rental in Pawtucket, Rhode Island. 
Currently my units have a lot of old plaster and are not insulated. I am hearing mix...

when calculating your ROI on a rental property - do you eliminate the principal portion of your mortgage payment since you are essentially paying yourself?

For example:

Purchase Price: $174,000
Mortgag...

Hello BP! Looking for mortgage advice. I purchased property about a year ago for $365k. I put 5% down and therefore have PMI at $190/month. Since purchase I have put roughly $80k in upgrades/renovations. The area has ...