For some, the easiest way to do this is to go through the past 3 months of bank and credit card statements and mark each expense with a letter or highlight them. I got this method from the Profit First system. (They m...

Would some clarify for me what the concept of "rent ready" is in terms of rehabbing - I see ads for properties being wholesaled whereby the wholeseller puts out the expected repair costs to rehab the home for a retail...

Real estate professionals, let's clear up the confusion! A real estate agent is licensed to represent buyers and sellers in the sale of real estate. A broker, on the other hand, is a step above an agent and holds a hi...

Hello, BP community!I'm starting my journey in the world of fix and flips. This would be my first investment property and I'd appreciate your input on this potential opportunity.I received the home evaluation report f...

Hi BP Family,How can I distinguish good vs bad Property management and when is the time to change the property managers? Currently I live in Cleveland and have this property in Garland TX that I purchased 6 months ago...

Hey BP!  For apartments with 50 units+ what's your best way of reaching out to owners?  Cold calls?  Direct mail?  cold text?  email?I'm sure that a lot of people don't pick up calls from unfamiliar numbers, and espec...

Just getting started… and so much to learn. We bought our first property at a foreclosure auction with plans to turn into a rental. Single-family home with large yard, as we learn, now rethinking our strategy.
If we...

Hi All,I'm a new landord and I have a property manager, and I know very little about taxes, but I know you can deduct a lot of the repairs & expenses, etc. I want to make sure I'm keeping my paperwork trail correc...

My question is specific to Texas since I assume the answer may differ from state to state. However, I would be interested how other states handle this as well.

I understand that a DBA can be filed at the State level ...

We have been looking at vacation property in the northern part of Michigan's lower peninsula. There are some beautiful lakes and woods near Hillman.We are thinking about VRBO/Airbnb rentals. It is a 5 acre plot on a...