Hello BP Community!I am a newbie with zero experience.  I work full time, but I want to become involved in real estate "on the side" to gain passive cash flow.  I have been slowly reading through the guides on the BP ...

The Biggert-Waters Flood Insurance Reform Act of 2012 goes into effect Jan, 2014. The signature Waters of the Act is Congress Person Maxine Water.

The Federal flood insurance program has been operating in th...

Here is a strategy that I am looking at:Rehab and resell homes plus by and hold.50K to investPurchase 30K houseRehab 20KSell 100KPut away taxes and savings off of house one and bank the profit. Rinse and Repeat...Ever...

Hello everyone, I hope everyone is safe and in a good mental space; given the circumstances.
I've been working to be as ready as I could be in the event of a downturn.  I've done a few REI projects and am currently w...

Hi Everyone, New to BP & Wholesaling and hoping someone can help me understand the double close strategy a little better. I get the general concept.. but struggling to understand all the fees. So from what I gathe...

Quick! Sell me your house before it’s too late! :)Are you optimistic or pessimistic about this upcoming recession?I’m optimistic about these next few years, I hope there is a massive price correction. I’m running arou...

Some very interesting data to share with you all on April rent collections across the US. One of the factors that particularly caught my attention was the impact of agriculture across several of the markets. In your e...

I came across a 4 unit property listed at 189,000. It’s under contract but I saw a 7 unit for 555,000. The cap rate is 8.17. What amount down would you say should be ok? I know it’s commercial and banks look at the Re...

Hello,I posted my property on AirBnB late December in Sedona, AZ. I got so many back to back bookings in the first couple of weeks, but the bookings suddenly dropped to zero. I have had no bookings since mid January. ...

In the process of applying for FHA loans and came across the 203k product. (House needs some rehab that I’d like to roll into my mortgage instead of being out of pocket). I was quoted an interest rate for the FHA loan...