Last night my partner and I were on the phone with a seller's agent negotiating an offer and everything seemed to be going well. We had made an earlier offer which she told us they wouldn't accept. After looking at ou...

My husband and I own rental property together, we are both on the deed. My husband qualifies as a real estate professional for tax purposes. We want to use that to offset my income, as I am the higher earner (I have a...

Has anyone else read this?

Housing: The one bailout America could really use

Definitely interesting. From the article:

"On top of the 2.5 million homes that have already fallen to foreclosure since the bubble burs...

I'm reading through "Real Estate by the Numbers" -- awesome book! As I'm modeling out my second STR, I look forward to taking advantage of 80% Bonus Depreciation for tax year 2023, and claim that against W2 income.So ...

I have read posts and listened to the podcasts and they discuss the 1% rule which I understand is a rule of thumb. I see this small duplex (1 bed/1 bath each side) listed for 70k. It is rented out right now at $450 pe...

I am considering renting to a couple wanting to rent because they are in the process of selling their own home. I have already gone through the credit, income, and background check process. The couple has decent (not ...

I recently have a new tenant, and when rehabbing I installed a bathroom mirror with a backlight, that had a glowing ring on the mirror that is used to turn the mirror on/off. After a few months, the tenant has reached...

I have a great long term tenant since 2002, who has never been late paying. Last week he went out of town and forgot to make his payment. We texted and he said he would deposit his rent on an agreed upon day, the day ...

Good Afternoon BP Community!
I have a deal on a Mobile Home Park that I'm looking at, and wanted to get some more experienced eyes on the deal. I'm not looking for anything sugar coated, and welcome all the feedback ...

Hi,
I just purchased a SFH 2 months ago and received a notice from the mail from my lender that there are delinquent taxes over the past 3y from the previous owner. The lender says I have to pay for them.
I had no i...