Would anyone like to share their thoughts on the effectiveness of cold calling, Facebook ads, and virtual driving for dollars in obtaining off-market deals?

I sold a house with owner financing.  Buyer put a down payment.I am carrying a note for the balance which buyer is making monthly payments.  How would you record the journal entries for this type of transaction in cas...

I’m managing a 5 unit building and my owner has asked if there is anything we can do to help with the excessive cost of water and trash. They inquired about submetering but I’d like to know if anyone is using RUBS, i...

Alright. I am tired of people complaining about the BRRRR method.  I just read a 3-page thread where the majority of posters were complaining about the BRRRR method not working or being too risky. So let me share with...

Good Evening BP Community,My partner and I are beginning to farm our territory and just recently purchased leads from a title company as our first step. We live and work in Washington State and are wondering what othe...

one of the best parts about real estate is that you get to leverage your money. Put down 20-25 % and finance the rest.  It makes sense.  You can't get this kinda leverage in the stock market though the stock market is...

Calling out all experts!I would like to start Out of State investing using the brrrr method. Does anyone know any online coaching service for OOS investing especially using brrrr method? I have set my specific paramet...

How is land appraised to calculate the cost basis for depreciation?Do they use the purchase price of the land ?

I’m in the process of doing a cash out on my current BRRR. 
Property info:
3 single family homes on one large lot. Qualified as a triplex when I bought it. 

Purchase price: $200K 
Rehab: $40K 
Current rentals: ...

Everyone makes mistakes now and again when filing a tax return whether it be forgetting a deduction, missing a portion of your income, or improperly depreciating an asset. The IRS has multiple ways that these errors c...