I recently had someone tell me that you have to pay transfer taxes when you assign a contract. Is this true?

I've done contract assignments and have never paid any transfer tax. In my mind, there is no transfer of o...

Labor: 180-hours (15hrs/wk, $80K median household income) = ($7,200)
Labor includes reading BP(education), looking at properties, going to REI association meeting’s, talking to banks, agents, internet research(home...

Economic Update
(Monday, October 5, 2020)

The economic collapse sparked by the pandemic is triggering the most unequal recession in modern U.S. history, delivering only a mild setback for those at (or near) the...

I just received word of updates to Evolve's systems and platform for 2020.  As many of you know I'm an Evolve customer for several years now and often share my experience with them (both good and bad).  I'm curious ab...

Hello BP,I've recently become a full time real estate investor in the greater Knoxville area. I'm getting started working in wholesaling in the area with a goal of learning to become a successful real estate investor,...

Should I waive the late fee and accept partial payment for a nurse who works for the government? She “said” her hours were cut at work durning the shutdown, however she never missed a check while the government was sh...

"Here's the information you requested from The Real Estate Guys Radio Show... Gene Guarino is an expert we respect in the assisted living space".
This is where the journey into Residential Assisted Living started for...

I recently completed the EPA Certified Renovator Training. Today, I received the Email below. Now, the EPA is not satisfied with the certified renovator. They now want to add another layer of inspection ($$$, delay...

Hello,

I'm making an offer on my first commercial property. I've been investing in the area in 2-4 unit properties for about 15 years, and have decided that a larger unit will better fit my investing/return...

Hi BP. If I have a rental property (Let's say a 4plex) and the market crashes, what's the big deal? Won't I still have my tenants in there paying my rent every month, thus I'll still be getting equity in the property?...