I've been collecting a lot of data, researching past tends, and studying some market "guru's" who claim to have all the answers. The numbers don't look good, the trends scare the hell out of me, and I don't want to tr...

I'm new to the BP/world... From Chicago!I'm absorbing everything, and now I have a property that is listed as a HUD HOME. Can someone shed some light on these items? "Seller may contribute up to 3% for buyer's closing...

New to the investor world. Plan on using the BRRRR method. I’ll be using funds from a HELOC on my primary for a cash purchase and to pay for rehab. My question is, once I refi after the rehab is complete, I use those ...

A church paid my tenant's rent and I received a 1099 for that amount from the church. For all the tax pros out there, what 1099 box should that $1700 be in? My tax advisor stated Box 1 "Rents" and the church tax advis...

I purchased a foreclosure duplex 4 years ago and used the banks recommended Title agent and purchased Title insurance. Last year, I decided to list the duplex for sale and I learned that my deed's legal description wa...

I’m curious if any other home flippers are thinking what I’m thinking about these fast rising rates. While 5% on 30y is still historically low, I’m wondering & sort of nervous to be honest that some flippers (hope...

In the past, I've given you quarters in which I think the market is going to start to correct today. What I want to do is update you on that and let you know that my market predictions primarily are based on one key i...

I am having some issues figuring out to calculate how depreciation affects my tax for a rental property. I have an example below. Is it correctly calculated correctly?
Example:
Purchase price: $1,500,000Rehab: $100,...

The closing on this property is July 28, The City of Austin sent a letter to the current owner that says such house can not be sold or lease until the violations are corrected. The corrections must be made before the ...

Just looked at my first two properties today.  Both 3plexes.  One will need 50Kish worth of work and the other significantly less but still enough work so it won't qualify for an FHA loan.  If I make an offer I want t...