My wife and I have been investing for 10 years or so. About 5 years ago we decided it would be best if she stayed at home with the kids full time. During this time she has done a tremendous job not one with the kids, ...

Hi all! I'm a long time BP lurker and as one of my 2nd half of the year goals I told myself I would be more active on BP. Being an introvert I have to play to my strengths and BP is a way for me to connect to more lik...

I'm a General Contractor in the South Florida area. I've pretty much just worked in the commercial industry and I'm aware that business is conducted differently in the residential rehab market.I was just curious to kn...

I have 1 duplex that we rent both units out and have about $300 in cash-flow until we pay of a loan we got for the down payment from my father in law. We should have that paid off in 3 1/2 years. After that we will ca...

For calculating cash returns, I am wondering if the lender finances let's say 80% of the purchase price or 80% of the (purchase price minus the earnest money). Or will the earnest money get used to pay my closing c...

Hello from Minnesota! I have a potential sandwich LO deal, but the owner is three months behind on payments so....

How long do we have to get this deal together before legal foreclosure action occurs?

In other wo...

Hi everyone, I need help with this...My wife and I are looking to do our first house-hack but we can't get a mortgage due to our debt-to-income ratio (most of our income comes from our design business that has only be...

Time to get your creative juices flowing...I have an option to purchase a home in a nice neighborhood and have been looking for a lease-purchase tenant/buyer. I found one that I like that makes sense for cash flow, bu...

Let's say I'm flipping a property.  My all-in acquisition/repair/holding cost was 80K.
Ignoring selling costs, let's say I sell it for 100K with seller financing.  And I require 10% down with the rest financed at 5% ...

Hello everyone! Happy New Year to All!!

This is probably a simple question, but I opened and LLC and have just bought my first rental property. My question is regarding rent checks. Do I have the tenants make the che...