So I made a mistake.We sold a rental property and I assumed that we had to do 1031 exchange to avoid capital gains tax. My bad. I didn't double check for exceptions.$850 later, thinking I was so smart for doing 1031, ...

Is it a good idea to: purchase a property using a hard money loan (18 mos terms), then use a quit claim to flip it to another investor before the 18mos is up? What are the risks in this? Is it even possible? How soon ...

Does the 50% rule take into account property management? 

Hey BP family I could use some advice. I'm a wholesaler in Tampa FL but I am wholesaling a house in my home town in Jacksonville FL. My aunt died and left her home to my cousin ( her only living child) will she need ...

Hello folks,Under contract on a 2nd home with 300k cash due to the hotness of the area, I’m not interested in waiting 6 months to “season” before I’m allowed to cash out refi. Also not interested in the Delayed financ...

Hi all I have a few questions and hope you can help me along the way. I own a 2 story house in South Philly and it’s fully gutted. I am putting a 3rd floor on and already have my zoning permits and waiting on construc...

Hey all! I've been thinking about combining the BRRR and house hacking strategies. I'm newer to BRRR and still doing research so please feel free to point out any potential issues. 
Apparently, with a BRRR, you have ...

Hi All,

My offer was accepted for a new property and I got everything right except the insurance. The insurance agent complained about something, which I fixed. But their quotes are way off the chart. That will com...

Hello BP'ers,I have been using the Texas Residential Lease agreement (I am in El Paso TX) for some time now, besides this template does not have a specific term in regards of "Pest Control", other than it mentions to ...

Housing is a sh*t show in Massachusetts. The state has consistently ranked as one of the most expensive places to rent and buy. It’s such a problem that young professionals (particularly ones with family) are leaving ...