Hello BP!Today I was curious about paying contractors. I have a contractor that is doing some financial analysis work for us right now and since we will be paying him every 2 weeks, I wanted to know what you thought t...

Hi All, We had a water damage (kitchen faucet leak) in my rental and opened a claim under my landlord policy. Tenants also opened a claim with their renter's policy. Tenants are currently staying in a hotel while the ...

Most people want to pay $0 taxes for rental property , but claiming $0 profit allows you to qualify for less for your second and third mortgage (due to DTI) . Any advice to pay less taxes but still use the rental inco...

When doing rental property calculators and writing a budget for monthly expenses there is the 50% rule that says expenses should be half of the monthly income, but is that true in all cases? Utilities can vary widely ...

I have a full-time job and part-time as a realtor (few months during 2016).  I got the 1099-MISC. To prepare the license there are expenditures, including pay for BP membership. Can those expenses be deducted on my 20...

Florida - Condo - 2 bed / 2 bath - $79,000
HOA $260 per month (im aware HOA dont normally make good deals)
Taxes $780 (will jump up to 900 after sale most likely - not currently homesteaded)
Current tenant just sig...

Hello all, I am looking at a 13 unit park to invest some of my self directed 401 in. It looks like a decent deal, but I am wondering what you would recommend for an offer and how to best finance to maximize return...

This is a follow up to Brandon's webinar yesterday...How does house hacking affect your 2/3/4 unit analysis? My goal is to live in the property and have the other units pay for most of the expenses. I have been basing...

I realize these have been beaten to death on this forum so I'm not here to bring this debat back to life but do have a question.

I don't think it's possible to follow the 50% rule if you don't buy a property that isn...

I have a small amount to use as a down payment but a lot of the properties I'm looking at are "cash only" and no financing available. Is it possible (with good credit) to get an unsecured line of credit, use my own ca...