Good morning. As a potential REI, I have been going over my finances very carefully to determine if I'm in a good position to move forward. I have some cash reserves, put away for a rainy day in addition to lines of ...

Hi everyone!  I'm a new landlord (lady?)...just purchased a duplex and closing on a fourplex on Thursday. My question is, why is the insurance so darn expensive? My agent said they are required to insure properties at...

I am a builder and have negotiated a price for a 3+ acre lot in a highly desirable town here in southern Maine through a private sale. It is 5k less than asking and 15k less than any other building lots in this town. ...

Hey guys, I have a potential renter wanting to use a credit card to pay rent. In this case it is a government employee attending a government training camp (FLETC - Brunswick, GA). The government provides the person a...

And are estimates on repair costs for free? I was thinking about getting a handyman only to "pretend" I needed repairs for the sole purpose of finding out an estimate. Is it wrong for me to do this and then later tell...

It is my experience that many investors do not require their tenants to carry renter's insurance. My goal of this post is to educate one on some of the liability exposures of have uninsured tenants can pose- I am sure...

Hi guys New to this forum and have been getting conflicting advise on this matter. This is a question on refinancing- If I own a property in a Llc company with lots of equity, I refinance, that money is classed as tax...

Hi BP Fam! I am in the process of my first 1031 exchange. I had a buyer over the summer that totally screwed me. He led me on and then ghosted which put me in a totally new environment. I'm finally closing but the new...

Hi,So I'm on the fence on this one.  I'm leaning more towards paying my debt off first to.A few years ago (2015) my wife and decided that the monthly credit card/tax/medical/students loan bills were getting out of con...

My mortgage coupons state that the payment is due on the 1st and after the 15th a late fee will be assessed. I started to pay them on the 14th, however, I received a voice mail from the bank that the payment was late...