Hey friends, I'm considering using a Self-Directed IRA to invest in a short-term vacation rental. So two questions: 1. Should I transition my current Traditional IRA to a Self-Directed ROTH IRA or keep it as a Self-Di...

In order to succeed in the business of Wholesaling houses, there is one thing that you need to possess above all else. I’m sure you’ve heard the term “Hustle” but have you ever really given it much thought? Is the ide...

Our company is the lender for a property and I handle the accounting of the note. I am one of those people who needs to get things right and understand it from top to bottom. Although I have been in accounting for 25 ...

I am using the method from the Rich Dad Poor Dad book the ABC's of real estate investing, for figuring out offer prices. The equations are pretty simple: Income= income-vacancy. NOI=income-expenses.Cap rate = NOI / co...

Hello BP. Currently, I am writing a book and I wanted to get an understanding of what type of books people here would recommend. 

Hi,I'm looking to properly estimate expenses in my model when searching for deals. I'd like to be able to get a general idea of the expenses before doing further research into the property to determine specifics (like...

Hello All,I have found my dream property and investment. It's a small B&B, that has positive cash flow and has opened their books to us, everything looks great and we would live on the property and run the busines...

Hey team,I’ve put an offer on a property that has had a section 8 tenant for the last 8 years. The numbers with my offer will yield excellent returns. Current rent is  $797. After checking the local housing authority ...

I’m a newbie here. Been listening to tons of the BP podcasts and I read a bunch of books. But my mind is somewhat simple. I’m having some trouble understanding a few things. My wife works full time, I recently walked ...

I know this has been asked in the past. I've read through those posts and am looking to update the discussion based on current market conditions and get some advice based on our specific circumstances listed below.
W...