If I earned interest on a promissory note, but incurred expenses to loan that money, how do I report that?I loaned money to a real estate investor who then used the money to fix and flip a property. He gave me a promi...

Hello,I just wanted to know which is the most preferable way to make mortgage payments on a 30 year mortgage loan, biweekly or monthly? I am currently making biweekly payments on my 30 year loan and planning to refina...

I was recently inquiring about a cash out refi online and was contacted by Loan Depot. I've never borrowed using my 3-unit rental as collateral and want to hear from the community if their experience with Loan Depot w...

I'm partial to physical systems despite growth and the need for more cloud based systems. I'm curious what physical systems/set ups everyone uses for note investing and WHY?

As in some previous posts, I too attended the 3 day workshop with Prosource. I found it be be very informative. As previously mentioned, there is an up sell. Here is the thing that is not mentioned and I'd like to get...

Hey everyone, I've saved up enough to invest in my first deal and would love your suggestions. I want to own an apartment building with the plan to be buy and hold, while letting the tenant pay off the loan so I can e...

Hey BP! I need resources and/or advice on the direction to take when it comes to grabbing equity out of my small residential portfolio. A couple of items I would like to accomplish but not sure if it is too much of a ...

The IRS form 4562 provides, on line 42, for "Amortization of costs that begins during your 2021 tax year." I had understood that some loan costs would fall in this category, however, this no longer seems to be the cas...

Just last month, I purchased 2 single family rentals.  This was my second deal.  My first was in 2016 for a turnkey 4-plex with a property manager in place.  This time, I decided to go the single family home route and...

I am looking for some wisdom on how to contact and communicate with trustees for foreclosures and pre foreclosures from the list I have aquired. Also, I saw quite a few with auction.com. What do I do with those?