Question so once you complete a flip or are collecting monthly rent, what percentage of money do you take out for your personal bills , groceries , gas , clothes , your wife's Pandora charms LOL ?

Writing this to encourage, not brag! In 2001, I started flipping and did maybe 25 or so. It was tiresome, while also coaching two basketball teams, and maintaining my sales manager W2 position! I switched jobs in the ...

I've located a 4-plex (150k 700/month per unit) that's long distance and I'm trying to find some help getting it financed. My wife and I have zero debt, 100k cash but no job at the moment as we sold our house and move...

Hey guys,

Was hoping I could get some help on my first pre foreclosure deal. I went to view the home today and I think its got good potential to be a sweet deal. Since this is my first go round with pre foreclosures,...

We are buying our primary residence and it will have a 1 bedroom garage apartment in the back. We will start by renting this out to my father in law. Is this considered a rental property? Is there anything we need to ...

I'm going to be buying a rental but am not in the area nor do I know much about buying/fixing/selling houses. I have the money and will be keeping the property in my name.My sister is the one who will, in all likeliho...

I am aware that to get a loan approved the lender generally likes to see 2 years of employment with the same employer, is this true? I graduate nursing school soon and will get a job as an RN. I have worked as a CNA f...

When searching for markets to look for deals in, more so long distance markets, what tools do you use to decide whether that city, or specific neighborhood, are worth even looking for deals in? Almost like a precursor...

Good morning everyone! I want to start by saying thank you to this amazing community! I really hope we can get some advice on our tax situation.In 2020, we only had 1 rental at the time, but an investor in the area wa...

Hi BP question... If I am currently renting out half of my downstairs in my home and thinking about renting the rest of house approx 1400 sq. feet would I be able to use that money to help finance another house. In ot...