I thought I would throw this out there as I didn't see it addressed in any of the archives.  The Grantor of a property is asking me what, if any tax consequence, would occur if she transfers the deed to me via a quitc...

Hello BP - I've been a lurker for some time and wanted to formally introduce myself and make my first post.  I reside in the Phoenix, AZ area and am looking to kick off my real estate journey this year.  I'm intereste...

Hi BP folks,Does anyone have recommendations for a local architect who 1) works with multifamily and 2) works with rehabs?I'm looking to do a gut rehab on a 2-3 unit property in the next 6-12 months and am in the proc...

I'm looking at buying a condo that currently has tenants who are friends of the seller. The tenants don't have any formal lease and are basically month to month. The condo is extremely clean and well kept almost ...

If I were to buy a duplex and wanted to live in one of the units, can I kick out one of the tenants so I can move in?  Do you have to go through a formal eviction?  Or do you inherit the leases and have to honor them? 

Hello all! My Wife and I are just starting out in the real estate world but not in investing in general. We have about 10% of our expenses covered by passive income, mostly dividends. With that said, we’re ready for r...

I have read many books such as J. Scott's flipping and estimating rehabs books to name a few, explored BP site for the answer to my question and read many forum posts but I am still left wondering. I also have read ab...

Is a business plan necessary as a REI? 

Hello,I've come across a few properties with much higher price points. Does anyone market to these properties any differently? When I say higher $500k+. Would you do a formalized letter, postcards? Handwritten? Any su...

Hi All,
Just a quick thanks in advance for anyone willing to read and respond. So here's the (abridged) story so far...
Facts:
Purchased Two Family in Belmar in April (Two Single Family Homes on One Lot) Using 203k...