CNN: Promise Zones are areas where the federal government provides tax incentives and grants to help communities tackle poverty. Obama first announced the initiative during last year's State of the Union speech.
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I wrote a post on one of the BiggerPockets Facebook groups but did not get a lot of feedback, so hoping for more interaction here!  I'll try to keep this short while still providing numbers and details...
My family a...

I live in California, and have recently closed my first few real estate deals in Wisconson. I want to create entities to protect my personal assets from consequences of the real estate business.
As I understand it, ...

Is there a general rule of how much total cash should be left in a deal, vs the monthly/annual cashflow?For example, if I were to BRRRR a property and end up leaving a total of 24k cash in the deal, knowing that it sh...

I'm currently living in California and would like to start investing near my relatives in Michigan. I'd like to do everything from an LLC for peace of mind - should I register the LLC in California, Michigan, or anoth...

Hey BP!

I'm about to pull the trigger on my first deal. It's a foreclosure, so I can't have any contingencies with my offer. Before I submit my formal offer, I'm wondering how important it is to do a septic inspectio...

Another Bank failure.

The FDIC said, "As of March 4, Freedom Bank of Georgia had roughly $173 million in assets and $161 million in deposits. The FDIC estimated the cost of Freedom Bank's failure to its deposit ins...

The property is a 20 unit apartment complex located in Atlanta GA. The asking price is 470,000. The repairs is 398000. The as is value is 842,000 the ARV is 930,000 on a cost basis and 914,000 on an income producin...

Hello all,

I am in the miltary and I have 10k in my savings account and no collateral. I have a credit score of 654 and I would like to own an apartment building. I don't want to take out a loan for 500k for my first...

I am about to buy my second house to flip. My contractor says that he knows somebody who will probably buy it from me once the rehab is finished. How much should I pay him for bringing me a buyer?