Hello.I'm in the process of purchasing an older 3 unit building in South Chicago and the inspector said the roof is at the end of it's life and it could cost about $20K to replace it. Should I be asking the seller for...

I’m in Dallas, Texas and just started renting my first Airbnb rental, I need CPA or legal advice on whether we need to form a LLC now or wait until we have more properties. Will it benefit for us to have income comin...

Hello everyone, this is my first post! I have done a fair amount of research in many different topics but I am still building my knowledge base (no deals yet). A question that I have is what the taxes and insurance ra...

Hi BP folks,

I just got an accepted offer last week on a several hundred acre recreational property in NY (raw, vacant, riverfront/forest land), and we're should have a signed contract this week (with a 60 da...

My wife and I recently hired my father in laws friend to do work on our house.  We used a construction loan to get some of our work done. One thing that we had done was siding. The contractor came over and we went ove...

Hello, I'm wondering if anyone has or thinks they know of the best strategy to personal wealth. I've done a few residential deals including rehabs, and wholesaling and it seems like there's a lot of work with small p...

Hi, I am considering changing my property management company. I reviewed the PM agreement and also talked to him. The catch is that once they get a tenant in, they are entitled to receive property mgmt fees for as lon...

Hey,Just thought I'd drop a little summary of a duplex I just sold in Sacramento this month. I'll try to keep it brief and just hit the high (and low) points.Purchased for $565,000 in April of 2019.  -Build in 1910. H...

I often buy using Subject To to buy properties. If you choose to use this technique these are some of the Pitfalls to watch out for. You can build a very strong portfolio, if you take proper precautions.
Subject To P...

Hey BP community, new investor looking for a bit of information. Thanks in advance for any insight provided. I’ve recently started managing some family properties located in Philadelphia, Pennsylvania (I posted a simi...