How much total coverage should I be buying on my rentals?  These are SFRs - the insurance company seems to offer, as a default suggestion, the amount of the mortgage, not the total purchase price of the property.  I'm...

This property is in the north end of Wisconsin. I used to live in this duplex and I moved out to convert it to 100% rental and refinanced. Other topics I have researched about changing the basis include "you don't tra...

Hello All!  I am Justin Skaggs from Jackson, Ohio.  I am fairly new to the REI game and have been fortunate to be able to secure four single family units and a commercial unit that I recently sold after rehab.  I am l...

How can I go from not claiming allowable depreciation on a rental
property to claiming allowable depreciation without creating an
unauthorized change to my accounting method.

I have owned the property since 2003.

I...

Hi BP members! I am a new member looking for some advice. Recently came into some money and am looking to invest in real estate.  Tired of paying rent instead of building equity. Any advice and guidance would be much ...

It has been brought to my attention lately that many so called hard money loan brokers request an upfront fee for their services. I felt compelled to right about the loan application process so you can understand i...

Hello,I have acquired a few properties before but never have I acquired one from a wholesaler nor have I owned a Section 8 property.  I never intended to get a Section 8 property but a deal was sent to me by a wholesa...

I have someone wanting to purchase one of our houses and they have a previous foreclosure. Can any of the mortgage experts on here tell me if it's realistic that they get financing? Here's their situation...

Fell beh...

Hi guys, as i have recently started out in wholesaling and reading a lot about the business and getting out there too (boots on the ground), i am looking for a mentor in the orlando area.  Someone who has done some wh...

Working on my first flip here. I had to make cuts to my repair budget because my Realtor says it's a buyers market and not to go too crazy on the rehab. Just fix it up nice enough to put on the market at a low price p...