When stabilizing a unit and getting your NOI in a good spot: How does the bank determine the value of the property without a cap rate? If all you have is an NOI, who sets the cap rate, and how?

I participated in an investment group recently and the key note speakers spoke about Section 8. They made is seem so easy... Sign a couple of sheets of paper, have an inspection, list your property and the tenants rol...

Hey everyone I have a question for you. My wife and I just bought our first rental property and we are considering another. We have a good amount of equity in our primary residence and are thinking about doing a cas...

Hello, I just started here and I am already learning a great deal about real estate investments (and the challenges!). I just won a foreclosed condo at an auction and are now in the process of transfering the title. T...

Hi everyone, Fist and fore most, i am very grateful to be given this second chance, so i guess the best place to start is to just give you a brief introduction on myself. I came to LA in the 90's and i began my Path i...

Underwriting is being difficult. I close in 3 days and they want an IRS Transcript for a partnership return. I cannot find this on the IRS website. Since a partnership is a pass thru entity, is the K1 showing profit/l...

I introduced myself when I first joined BP a couple of years ago but very quickly lost touch after making some life changes, so I figured a re-introduction was in order.  I'm Chuck King from Bessemer City, North Carol...

Hi BP,So I inherited a couple of tenants on a duplex I bought recently in Marietta, Georgia that had only 1 full month of rent before lease expires. One tenant has been great, the other has not. I purchased duplex on ...

In the past few months I have been hunting for my first deal. I have found a good wholesaler who has been a great help. Yesterday, I attended a showing/bid for a house. It was listed at $175,500 and had ARV conservati...

so i was at a listing appointment and my client's toddlers were doing storytelling and showing off their Berenstein Bears book... and i couldn't help but notice the spelling has apparently changed to the BerenstAin Be...