Hey, BP!
I wanted to hop on here and share my experience with my first owner-finance deal! My partner (@Joseph Breamer) recently shared about a successful BRRRR we completed so I thought I’d share about our Owner Fin...

Last November, I did my first rehab deal (BRRRR). I got it for $40k I put $30k in rehab and we thought it would appraised for $80k based on surrounding properties. The appraisal came back at $56k. I tried to challenge...

Hi,
Had the wonderful opportunity to hire my first employee this year. I have also now had to fire her. Has anyone been successful in avoiding paying unemployment? My employee lied, cheated and stole from us...more th...

Currently my partner has properties in his name that have conventional financing, we are looking to transfer these properties into the LLC we are partners in. What type of concerns should we have with transferring the...

Hi,I am a newbie looking to househack my first property and my only way to browse the properties are from MLS, Redfin, etcSo the question is - the listing has been on the MLS for few months - Should I even bother look...

Investment risk can be defined as the probability or likelihood of occurrence of losses relative to the expected return on any particular investment. Stating simply, it is a measure of the level of uncertainty of achi...

I have recently bought a house with a section 8 tenant in place. I have not done my due diligences as the seller was supposed to notify the housing agency of the change of ownership of the property. I have closed the ...

Alright, so I found my first house I find interesting. Every wall needs to be redone (holes everywhere) and there a lot of other minor problems like that. Also, I think it's relevant to tell you this house is "REO/Ban...

There seems to be a lot of confusion on BP as to how you lose the protections of an LLC or business entity. In legal terms, this is called “piercing the corporate veil.” A business entity can shield you from liabili...

Hi all,I am planning to turn the current residential property (SFH, 4b/3.5b) into a rental since I am relocating to another state. I put 5% down 2 years ago (conventional loan with PMI), fixed interest rate of 2.875%,...