I'm making an offer on a property (today, on a Saturday) with an assumable FHA loan with a killer interest rate (sub 3%!). I'm "assuming" I can even assume the loan to use the property as a rental (the seller has live...

Hi all! I am re-listening to the BP podcast episode #211 with Tim Shiner which was so information dense. He touched on one thing that struck me, but didn't go further into depth on it, so I thought maybe someone else ...

Hi all, Here is my situation:1) Married, filing jointly, living in Texas2) We, married couple, owns the rental property in our personal name (also in Texas)3) We route all rent income and other craft related income re...

I currently have 4 long term rental properties. 2 are paid off and We still have 2 other properties we purchased a few years ago with bank lending mortgages. Rates were around 3.14%. We have 20k left on our condo whic...

Good morning! Happy Thursday, here are some updates from the month of June! 🏠📈 Real Estate Update 📉🏠Here's the latest real estate market report for June 2023 (single family homes) 📊:💰 Median Sales Price 🔼: $450,000 (...

Good evening everyone. i am new to wholesaling properties and i am very interested in wholesaling my first HUD property. I have two questions about getting started. The first question being:is it easier to use an llc ...

I loved the Blu homes concepts and designs, it was purchased by Dvele.com and they are moving to Montana. Their website says they can have a home ready for a developer in 4 months once up and running next year. Has an...

My friend and I have committed to investing in a multifamily deal in Texas and we are thinking of creating an LLC with both us being the managing members. I would like to know if the membership has to be in my name or...

Does anyone have any experience with using a 1031 exchange for Seed Capital for a flip or rental?

I've been searching the File Place for bookkeeping spreadsheets and found a couple but was wondering if anyone has any that they use and love that they wouldn't mind sharing.  I was going to go with QBO but I don't wa...