Before I was out of town for 1+ month in January-March (snow months), I shut off the main valve. However, the subsequent city water bill still showed a non-trivial water usage (6 CCF). I checked and didn't find any in...

Hi Folks,I have a rental house in Independence, MO near the high school. I purchased in 2016 and did some repairs / make-ready work myself. It's been rented and producing well until late May when there was a fire in t...

I’m trying to weigh my options for financing a multi family. In what scenarios would hard money lending work for the down payment and why would it be better or worse than waiting and saving the money. Any advice from ...

I saw a few Craigslist ads selling vacant land in other states.  Is buying/selling land out-of-state any different than if that property was in the same state?  I understand that in some states, there needs to be a wi...

Hey BP family, I would love to hear some feedback on POF for private money deals and realtor commissions on off market deals you found and negotiated yourself. What do you typically use for proof of funds to submit an...

My goal is to purchase a $3 million office building.  In my market, the cap rate seems to be around 4.5-5%, but lets just say 5% for easier math.  That means an NOI of $150,000.  For purposes of this discussion, lets ...

I have an individually deed 5 unit property. As this is a 5 unit, I intend to get a commercial real estate loan.Would these individually deed properties each could against Fannie Mae guidelines as well? Would they cou...

I recently bought my first NPN, of which is only behind two months and back taxes. I'd like to get involved by calling the borrower to introduce myself and get a feel for their intentions before taking legal action. I...

Hello all! So my mentor wants to partner on a multi-family home rental. At this point, the partnership type has not been defined.  The simple version is that he is already retired with some capital to put forth, rough...

Let's say I have $50K in my self directed 401K and $50 in cash to invest.  What would be the best way of:a)  Purchasing a property for $100Kb)  Purchasing a note for $100Kc)  Buying a property to flip for $75K and put...