So I haven't been at this long, but this is a new one to me.  We are purchasing a duplex, target close date is July 29 and both leases are up July 31.  The current owner signed a new lease with one tenant starting Aug...

I see three forces complicating things for many buy-and-holders using the 1031 exchange: 1) COVID is causing many to diversify their holdings to mitigate potential losses. In other words, their need to use the 1031 ex...

Wow that title looks like a Netflix Horror thriller! This post is really about my first buy and hold rental property. It’s one of those stories where you might say “someday I’ll laugh about this!” It may be a littl...

Hello everyone!  Myself and 2 partners are getting close to purchasing our first property together and we will first need to form our LLC.  It's pretty simple, 3 ways equally.  We would like some input on the types of...

Hi all,I am a newer member on BP and this is my first post. I am looking for thoughts on whether I should pull money out of my Roth401k from work to invest in RE? I know typical tax advisors etc would tell me no way b...

I know this HAS to have come up a number of times, so I'm sorry in advance.  Im a pilot living in FL and am new to all things real estate.  In an effort to educate myself i started an online real estate licensing cour...

We just purchased a rental home that is in the process of renovations (paint, new counters & hardware), etc.  The place is a total mess right now as we have been stripping wallpaper etc.  The counters will not be ...

So, I think I may have found a good first property to acquire. So far, I think it'd be the best deal to purchase it and rehab it. It's FSBO. A lawn sign lists the owners phone number with the asking price of $60,000. ...

Hello BP Family:I have gotten some great advice from my previous forums, and was wondering if anyone is in my situation, I live in Los Angeles, an area not great for rental properties, prices to high, laws not favorab...

Hi All,I finally got one of my offers accepted!  Very excited because this is my first home.  The inspection report came back with 73 items to be addressed.  Maybe 20 or 25 items are a little serious like "minor crack...