So I am in the process of purchasing a home at a big discount to an elderly lady. Part of the agreement I made with her was to lease the house back to her at an extremely reduced price from normal rents. She's 80 year...

Hello all! This is going to be a rather long post, but I am very perplexed on what I should do with my very current/upcoming situation.Long Story Short, for all intensive purposes I am about 100K in debt6k left on car...

I went for a revisit and coffee session today .After some time, her homes came up for conversation.
Here's the break down....

Five homes free and clear,
owner 82 years old/ daughter 55 years old
Income cashflow:$...

Hi All, I am planning to invest in Bakersfield, CA and looking to build a local team. Can you please recommend Property Managers in the Bakersfield Area. Thanks!

Along with creating an LLC entity and creating a "Certificate of Organization", you need to have an "Operating Agreement".Attached below is a redacted copy.  Virtually anything can be written in to this agreement.  Wh...

One of my rental properties in Kansas City is managed by a property manager.  My recent monthly owner statement included a $443 charge for replacing a kitchen faucet.  Seemed excessive to me so I got a breakdown of th...

Should I be worried if a contractor wants a 50% deposit (initial payment) on a 15 K interior paneling project? The material cost for this project is very linear over time. The first 100 square feet of paneling costs t...

My independent review of Bildwise Indianapolis.  To start my selection process, I had done a review and followed some of the posts of the staff of Bildwise.  I interviewed them as well as some other contractors before...

Cap rate is a common and important measurement in real estate investing, but it seems I see it misused more often than not.
Cap rate is an income measurement only. It is a measurement of the annual net operating inc...

Hello BP, I have been doing some research trying to find cheaper ways to market and better ways to find motivated sellers. I have come across facebook ads frequently, but many people are saying that they have mixed re...