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Results (10000)
Jon S. Today was a real lesson! Why I hired a property manager!
28 February 2022 | 6 replies

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...

Chase Luckett First Deal Questions
22 September 2023 | 7 replies

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...

Christopher "Bear" DeSanctis DSCR Ratio - how is NOI estimated
2 August 2024 | 10 replies

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...

Michael S. Military Deployments and Tax-free sale of home
13 January 2014 | 6 replies

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...

Stephen Lyster Previous property manager
16 May 2018 | 3 replies

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...

Justin Hamilton Hello all, I am brand spankin' new! - Beaumont, TX
14 September 2015 | 1 reply

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...

Kelson Alexander House hacking second property in NY
16 July 2020 | 2 replies

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...

Brandon Barnic 5 unit for a dollar. that's right. 5 for a dolla
24 April 2015 | 2 replies

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 ...

Frederick Anderson Mobile Homes verses Traditional Wholesaling
9 July 2015 | 2 replies

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...

Hank Horner Rent, Hold, or Sell?
7 August 2019 | 1 reply

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...