What are your thoughts of using a HELOC or LOC for a downpayment then use a fix and flip loan to fix a house, sell then pay off the HELOC or LOC. We don’t want to touch our reserve so debating and looking for thought...

Hello! Looking to connect with an experienced real estate tax accountant in the Minneapolis/Plymouth or surrounding areas to ensure I am maximizing my tax opportunities. Hard to tell who is actually experienced and wh...

I have been studying and reading yall’s posts for over a year and have learned a lot about how to analyze a good deal with the traditional buy hold an rent method. I know about the 2% rule, cash ROI and other metrics ...

I have a tenant who is interested in buying one of my other rentals that is currently rented out. We’ve become friends of sorts. It feels weird to tell my tenant that I may be selling the place so I need to come in fo...

I am looking at a property that has a 50 foot deep Cistern.  A cistern is not a well that reaches ground water . It is a hole dug to catch rain water.   I want to purchase the property as it is in a desirable area for...

I "stumbled" across a website that provides cost segrgation reports. What was unique about this one is they will sell you a membership and then allow you to create reports on your own. Unfortunately I didn't note thei...

What is the best service for screening new tenants? I am looking for credit,rental history, and most important criminal background check. Am I right in thinking that we have to be objective when it comes to reviewing ...

I’m interested in purchasing a garden style condo. The hoa won litigation this year for 30 million dollars due to building defects. Should I absolutely turn away due to this?  Or should I trust that there will be no f...

I have witnessed countless individuals fall victim to the pitfalls of mental accounting when it comes to their property investments. I know wholesalers that have booked a vacation expecting an assignment fee only to b...

I just closed on 2 HML/Private Money deals and I really was shocked to see the BPO that came back from the agent/broker who was assigned to value the properties.  I was shocked because the valuations were quite off fr...