We where faced with the challenge to rehab or not a property we own free and clear in Puerto Rico. I am originally from there... This is a class C+ neighborhood in the Carolina area near a regional hospital. The econo...

Hi all, was wondering if anyone can chime in on some thoughts I have on a nicely rehabbed turnkey opportunity I am considering.

Great suburb neighborhood, strong rental demand, low crime.

Purchase Price: $90k (recen...

I have been wholesaling up until now using my name on the purchase and sale contracts. But I have been closing them regularly enough that I think its time to consider setting up an LLC.

Typically how long doe...

Hi, ive been wanting to start out in the REI game through wholesaling properties, but have come across some information on BP that it is illegal unless your a licensed broker or have a mass amount of knowledge and ski...

Hey Guys,

I recently bought a new rental property and am in the process of rehabbing it to rent it. Generally, I buy the lowest cost of whatever-it-is that I am replacing so long as it is durable. However, As I go th...

I had to post this for others to learn from my mistake. No matter how much experience you have, you will always be at risk of taking a lost at some point. My problem, I'm way to nice and give everyone the benefit of t...

I am currently rehabbing homes in the New Orleans market and have done so for several years. Our typical rehab is an historic home renovated from the studs out and will sell for between $200-400K. Gross sales in 2013 ...

Hi all. I have an idea that I'm curious to get some extra eyes on because, as the saying goes, "you don't know what you don't know".Short version: I am considering selling my truck and financing a newer one so I can u...

Greetings BP!As a newbie I'm trying to absorb as much of the great info here as possible. I'm scheduled to attend my first REIA meeting this evening. However when I received the confirmation email it indicated a regis...

Hi everyone,Anyone have experience with buying a duplex as your primary residence but not actually living there and renting it out? Contrary to living in one side and renting out the other? Legality of it, tax implica...