Here are the details. I been in escrow for the last 5 months on a duplex in Los Angeles where I used the listing agent to represent me. I wanted the units delivered vacant and the realtor expressed to me that the sell...

Flip Men on Spike TV

For those who don't know what it's about,it's about 2 men who buy properties sight unseen,rehab flip them and sell them for profit much like the earlier flip shows only difference is that they bu...

I hear so much about how important it is to have positive cash flow when analyzing a property to buy and hold. What I don't hear is how the deposit you put down on a property affects the cash flow (by directly affecti...

I have a subject to deal that I can pursue, but my broker tells me that subject to is mortgage fraud. Basically if the current owners die, go into bankruptcy, or something else, I would lose the property and it’s not ...

I'm in the process of closing on my first property. I plan to be self managed. It's a 3 unit that is currently fully occupied. All tenants are on month to month agreements which means that it's possible for me to need...

I intend to borrow money from segregated rental income accounts that I have established for multiple parcels of apparently abandoned real estate that I control, but do not own. Does anyone know, of a law (State or Fe...

Hello BP Meembers,

I am currently in the process of setting up my LLC and my CPA told me to set it up under a different state LLC because it's much cheaper. I live in Chicago and he said that it costs around $500 to...

Hi BP! I'm a newbie looking to make my first purchase: a duplex. I'm planning to use Navy Federal Credit Union for financing with a 0% down VA Loan (my husband is Active Duty Navy) and house hack while working F/T. Th...

I read hundreds of questions in the forums every day. I see a lot of repetition in questions. People ask things like "Do I need an LLC" or "where do I advertise for tenants" or "how do you collect rent payment". We al...

I need serious help here man! I thought I knew enough to get started in wholesaling and then today a 1/2 hour ago I just got a call back from an agent in regards to a home in Acushnet that I called about. Everything s...