Hi I'm a newbie and would like to educate myself. I've been looking through MLS listing and see that the listed price/asking price is much much higher than Assesed value of a property. Is there a correlation or should...

Does BP recommend a Sreening Service?

the whole process of a subject to. how much money do i need? does it cost a lot of money out of my own pocket?

is there a lot of risk in a "subject to"?

Hi there! My partners and I are forming our LLC and wanting to start flipping houses in the next 3 months. At this moment, we don’t have cash to put into properties and folks we know who have money, can’t invest at th...

Hi Everyone,A family member wants to invest money with me on a flip property. The only thing is he has only cash to invest, he does not trust banks. Is there anything I have to worry about if accepting cash? It will b...

HEY GUYS AND GALS!
First off check out my about me to see what I'm up to. 
I'm very thorough about research and cant find anything decent about BOOK KEEPING. 
So far I have found Rentastic (program) (vs QuickBooks)...

Ok, i am a newbie so I'm sure I made some mistakes which are pretty stupid, but I don't know what else I could have done.

Here is the scenario. On April 21 I put a cash offer on a REO that was just marked down to $3...

I have elderly relatives who are very interested in renting a nearby house. Everything was going great until the owners or real estate agent ran a credit check on them. I'm not entirely sure what happened but they can...

Hey BP, just a quick question: What kind of expenses are needed to be paid in cash when purchasing a property? I know that there is the downpayment and closing costs (which include lender and third party fees). Are th...

Hi BP, My wife inherited some money from her mom and we are looking to avoid paying taxes on the money next year.  We are both W2 employees (me full time and her part time).  We are considering buying a rental income ...