Today, I am grateful for having decided on a professional property management company. And thankful they were dedicated enough to leave church -on a Sunday morning- to call the police and rush to the unit, all to prot...
Hello, I am 22 years old and negotiating my first real estate investment. I live in Owensboro, KY. I have some questions that I would love feedback on. My grandparents own a rental property and I am negotiating buying...
Considering that DSCR = NOI / Debt Service and NOI = Gross income less operating expensesWhen institutions are looking at operating expenses for a new purchase, how are they calculated? For example, if we know the g...
Curious if anyone on the forum has experience with the tax-free sale of a primary residence (up to $250k if single) concurrent with military deployments.
1) As I understand the tax code, if you live in a h...
I’m about to make an offer on a 16 unit apartment. The previous owner made a deal with property manager to live rent free to manage units. I manage my own properties, and plan for her to pay full amount. Is there anyt...
Hello there, my name is Justin Hamilton. I live in Beaumont, TX but I am a firefighter in Liberty, TX (35 mins away). I am just starting out in real estate investing. I know next to nothing about this industry and I...
Hi BP family, HELP! Lol I own a rental property in Florida (free and clear) and live in NY, I am looking to do a cash out refinance on that property so I could use the cash as a down payment on a two family here in NY...
Hello friends! I've found a 5 unit for sale. They bought it at a tax auction last year, gutted it, and ran out of money. They just want out. The problem is that they some how now owe 10k in taxes because the did not ...
Had a great webinar this evening with Brandon Turner on how to use BP effectively. Thanks @Brandon Turner!Haven't been on for a while as I was finishing another REI Education course that upsold me for about $5000 and...
Have a free and clear property. Could rent for 700/mo. or could sell for ~35k.
I worry that this property would create more headaches than it’s worth, and that this is more of a job than an investment. If I sell I w...