Hey BP. I wanted to share a tough lesson learned, partly to help others learn from my experience and partly to seek any words of wisdom/encouragement. :(  Thanks in advance!I am just 2 weeks from closing on my first p...

The new law the SC Governor just signed makes wholesaling illegal.It has 3 parts.1. It defines wholesaling2. It says you must have a license to wholesale.3. It says a licensed realtor can't wholesale.No attorney is go...

If you have cash, should you use it or is it better to use leverage if you can?  So far, I've almost exclusively used cash to build our small portfolio.  My goal for the year was to fully replace my current after tax ...

So an experienced CPA recently told me that essentially all costs incurred prior to placing a tenant are considered to be acquisition costs and get written off only as depreciation. Is this true? I'm sure he knows wha...

@Brandon TurnerHey Brandon!What's better: a 15-yr mortgage or a 30-yr mortgage?I can still cash flow just fine with a 15, so I decided to take it (PITI with the 15-yr is $550/month, while it is $350/month for the 30-y...

Here is what I think I know a Lease Option is so far; looking for advice on what I have wrong, if not the entire thing:

Say a man is selling a $165,000 home for the mortgage balance of $150,000 to avoid foreclosure. ...

I’m a number guy. I spend countless hours on excel spreadsheets running ProFormas on every possible situation. I want to know what the BEST possible outcome is, WORST possible, projected actual outcome, forced appreci...

I have seen so many people credit Rob Kiyosaki and his “Rich Dad Poor Dad” book to their starts in Real Estate, myself included.Recently he has come out with some comments projecting a huge crash in the RE market. Mos...

There has been a lot of activity in the forums about newbies syndicating real estate. I feel like someone needs to be a voice of reason here. Look, I get it. The allure of doing big deals and taking big fees for buyin...

Hi BP friends, I'm a landlord in upstate NY looking for some advice about generating revenues to purchase another buy and hold.  For the past few months, I've been reading a great deal about wholesaling (I even starte...