How much money do you set aside for contingencies (i.e.bankruptcy, unpaid taxes, evictions) when purchasing notes?Also, how long should such contingency funds be held and should they bear interest? 

Hi NJ investors and agents! I’ve been thinking a lot about East Orange and it’s future potential and wondering what experience or insights you all may have on that area. I have my eye on one particular REO property bu...

I was bidding on an 1960s house, single floor, no basement, in Sacramento, CA. Can anyone give me a rough estimate about remodeling the two bedrooms to a master suite? Counter offer due today. I am struggling if I sho...

Hello BP. I'm new to investing and I could use some advice on using a real estate attorney. I currently only have one rental property in Nevada near where I live. I'm in the process of purchasing a 4 door in Chicago a...

I have an S-CORP that I run my video production company through.
I am planning to start an LLC to purchase my first investment property.
Question 1:
Can I use excess depreciation from that property to offset taxes...

Investment Info:

Single-family residence buy & hold investment in North Little Rock.

Purchase price: $125,000

Cash invested: $25,000

This property encompassed quite a few firsts. We found the pro...

BP,

I'm nearing the date of when I'll be leasing out my property, and brushing up and finalizing my To-Do-List. In the state of NJ, the tenant's security deposit must be deposited in either:

1) Shares o...

Happy Monday everyone,I was listening to the BP money podcast and learned about the individual or solo 401k option.  I have a W2 job with a 401k plan and rentals as my side business.  I contribute ~$15k and my company...

Hey BP crew! I'd love to get an idea of what the SoCal investment market is like and what people are looking for. With a huge sellers market and restrictions/guidelines with COVID constantly changing, what kind of pro...

I'm under contract to buy my first investment property to house hack. Alpharetta, GA, North of Atlanta.A duplex with identical two 2bd/2ba 1100sqft unit. I would say the property condition is class C. One unit is reno...