Hello all! I have read through the IRS documents in this subject and can’t come to a clear consensus. Here’s the situation: I and my spouse got married in our thirties and both owned a residence. We got married Decemb...

Hello AllMy tenant just contacted me to let me know his son became ill, went to the doctor and the doctor told him the symptoms we related to mold. He was tested and showed mold in his system. I am having the house te...

I would like to know... when you analyze a potential rental property deal, do you "stress test"? for example:Crank your vacancy up to 12%? Figure you expenses at refi could go up x amount due to higher interest?Or doe...

I just signed up for the Rockwell Institute and have started the prep work for my DOL realtor exam. Any tips on the process? Also, any useful tips on getting started AFTER passing the exam would be MUCH appreciated!...

The unfortunate reality is that a safe Vaccine is a long way off. It may never come. It normally takes 10 years to develop a vaccine that is safe and effective. Perhaps it can be found quicker but at what health cost?...

Real Estate Agents and Realtors,My name is Reese Millican and I want to secure my retirement through real estate investing. My short term goal, one to two years, is to transition from my current job as a credit counse...

I may have the opportunity to do distant property management.  Knowing a few of the downfalls from my fathers past experience, that didn't go well, I feel as thou there might be more challenges than I can think of.Any...

Is it a good idea or bad idea to buy an apartment complex as your first real estate purchase?

What is the difference between seller financed mortgage and real estate contract?This is a question I got from my realtor here in Santa Fe, New Mexico who is preparing a purchase agreement in order to submit an offer ...

Hello BP community.I have been looking at several 3 and 4 flats on South side of Chicago and was wondering if some local contractors could give us a general rule of thumb for costs to gut rehab each unit?Light rehab, ...