Hi BP,  I have 2 rentals that were acquired over the last 6 months... Property #1 closed Dec 2014 and was officially on the market May 1st 2015.  My tenant just moved in.  Property #2 closed mid Feb 2015 and should be...

Found a triplex in Louisville, KY that I like and the owner is open to financing the deal. He owes 50k on the property, and it is worth between 110-115k. The property is fully occupied & rents for 1700. He is look...

I’ve been offered an off market deal to buy 90 properties from a seller that hasn’t listed them yet. Waiting on information on pricing for the lot and mix of properties to run the numbers. How would I explore financin...

Hello all, I am a 19 years old investor looking to buy my first rental. I am in the Houston, TX area. I found a foreclosed property (SFR) that flooded during harvey, but I really doubt it will flood again since anothe...

I'm filing my 2017 tax as married jointly. I have 2 rental properties that are both making losses for 2017 due to deduction and cost of acquisition + rehab; we acquired both of them last year. I am using TurboTax to f...

From what I've read online, it covers 'minor kitchen and bath remodels' but not 'major remodeling'. That's pretty broad. Does anyone have any experience or knowledge with more specific details?

Example: let...

BP Experts,

I am currently renting a townhome in a desirable location. I am looking to to buy my first home. I emailed my landlord asking if the house was for sale and he replied that he would be willing to consider ...

Hi everyone,I have a question specifically about claiming expenses (tax deductions) on "major" renovations/repairs for rental properties, specifically in Canada (but perhaps US has a similar system).As far as I'm awar...

So, I figured that posting a VA Home Loan Benefits - Information and More. Would help those of my brother's and sister's in arms. I have looked in the forums and could not find a detailed description of this. So I fig...

Please check my numbers. This is for a nice looking 11,000 sqft multi tenant office building that I drive past every day. It has been for sale for a while and after I saw the price drop I contacted the owner asking if...