Well its already cold here in Michigan.  I always cringe when the phone rings hoping it is not a tenant saying their furnace won't start.  I get mail from furnace companies offering one time payments for a certain num...

I am pursuing a HELOC of $65,000 on my owner-occupied duplex and was wondering how this will affect my DTI ratio when applying for future mortgages.For normal consumer credit cards, the lender adds up the minimum paym...

Both Federal and State Governments are starting to take seriously the wild-west that is review sites and all else online, where companies have been using shills, paid reviews, and other tactics to spread positive i...

I got a suggestion for a company called TruFinCo. There's nothing here on BP and no one who I actually know has used them. How does one go about making sure that a company is legit and not just a shell or scam?

What is the average spread (difference between what you are charging your guests and paying your cleaner) for your turns? $25?  $50?Can we not create a poll in here to make this more anonymous? 

Economic Update(Monday, February 22, 2021)
The minutes from the Federal Open Market Committee’s Jan. 26-27 meeting, released last week (after their customary three-week delay), show that members of the Committee ...

Good morning guys!Hope all is well! In a couple of hours, I will taking a walk through my first property, and really have a two part question:1. What kind of repairs would be considered red flags for wholesaling prope...

Just wanted to reach out to the community for some feedback on how to maximize a modest monthly budget to get that all-important first deal done.  I'm interested in wholesaling and buying subject to.  I work full time...

Hi BP community !
I will be buying a primary home in the next few months and contacted two lenders: the first one is my bank (Bank of America) which offers a 3.6% rate on a conventional 30 year-fixed mortgage. The se...

How do you folks go about categorizing income and expenses on your rentals?

Do you have categories and sub-categories?
Do you track plumbing, electrical, etc - or just "repairs?"
Is there a difference between "repair...