My current tenants are both medical doctors and refuse to let me inspect my property. They say I can't enter due to state and federal regulations and their professions. I think they could be using COVID as an cover to...

I realize that everyone has a different standard of living and expectations in life, but what is your FREEDOM number that would allow you to leave your W2 position? What would you want to do with your time if it coul...

I have an appointment to meet with a CPA on Monday, and am researching everything now to test his knowledge in real estate planning.  (any specific questions to ask would be helpful)I looked at all of the different ta...

What are the top three (or more if you're willing to share) types (regarding subject matter, i.e. water leak, A/C broken, etc.) of phone calls you get from your tenants?

IRS released guidance yesterday saying that any PPP expenses that are forgiven are NOT deductible for Fed income tax purposes.  In essence, the forgiven funds are taxable, in direct conflict with the Cares Act.  Congr...

Work hard and hand the excess over to your broker seems to be the common trend with most passive investors. The truth is most investors are in fact "passive". Meaning most people out there are too busy earning a livi...

I hear a lot of left wing people say that we invaded Iraq for the oil. admittedly I'm not a smart man. I dropped out of college, but I do have a lot of real world experience. So help me understand this please. If we i...

I have a tenant who would like to apply for one of my Hammond units. This person said she's had surgery recently and has been out of work since March, and will return in August. She offered to pay a full rent's paymen...

Hey BP!I'm in the process of buying a 1st DOT on a property that has fire damage. The property is riddled with multiple liens and has 75,000 in back due property taxes. It also has some government tax liens ( IRS ) in...

Hey all, quick question. When doing lease option assignments or when assigning subject-to contracts, are those situations in which you'd have to worry about the "dealer" classification tax-wise? I know it can be a com...