When I first got started in this business my mentor said "Start with the numbers and be an expert at spreadsheets!" Boy was he right...This game is more underwriting than anything. It doesn't matter how much money you...

My partners and I just secured 20 acres and are wanting to build single family new construction. We want to look at all options before moving forward. I would like to get some thoughts on clearing the land and selling...

Hello to all,Need some lending advice.Was supposed to close on a property on Thursday, with a Fannie Mae conventional loan. Had already signed etc. Bank was supposed to fund Thursday and official closing Friday. On Th...

I know now is a tough time for vacancies due to the time of year and also with not as many people wanting to move during COVID. We have a vacancy in Rogers Park now for 3 months and a vacancy in Noble square for 2 mon...

Hello BP Community! I'm 24 years old and looking to purchase a rental property within the next 6 months. A fellow BP member made the comment about putting loans on a 15 yr note vs 30 yr to be debt free sooner which I ...

Hey guys,I've been following BP for about a year now, and am considering buying a house with a VA Loan in the Fort Walton Beach area.  My goal would be to make that house a rental when inevitably have to move (2-3 yr ...

The National Association of Realtors just released some very useful rental data for 70 metro areas showing information like the % change of income for renters from 2009-2014, % change in number of renter households, a...

I am a Real Estate Professional who bought a Property Management Business a little over 2 years ago. Within that time frame the business's revenue has grown significantly and has outran my tax write-offs from buying t...

For those of us who been watching RE for some years, I am sure we all have our regrets... here goes my biggest....On the Jan 1, 2012, I was sitting home doing nothing... A friend came and asked me if I wanted to go se...

My name is Jeff and I live in Parker Colorado. I have one Current Rental that we used to live in and am looking to 1031 exchange it and move the money into multiple properties in or out of state when the current lease...