Hi everyone, I recently closed on my first rental property and I'm curious about how to track closing costs correctly. Do they apply as "miscellaneous" expense (which I can deduct when I file the taxes of the current ...

What if tenant signs lease, the lease says first month’s rent is due at signing, and tenant ends up paying at the last minute, or does not pay at all?
Let’s say the wording on the lease says “First month’s Monthly Re...

We are ready to start on making our goal of 12 years ago come true, to build our custom home mortgage free. We are just 1 tiny step away! But we have came across our first road block.This is what is happening 12/3/15 ...

I've made a website (fortunepaq.com), I've ordered bandit signs. I'm out about to send out "happy thanksgiving newsletters from fortunpaq.com" to a list of addresses I have. I'm ready to take action. Any other newbies...

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $305,000

Cash invested: $69

Sale price: $324,000

I resold this property to another investor. My crews were bus...

Hello all,I have a property that was vacated on April 22nd.  Not trashed, no eviction, the renters simply decided to move to another part of town, and left the property in reasonable condition.  The same day they move...

Hi all!
In December I closed on my first STR, a lakefront property in Wisconsin.  My question is, when do I list it on Airbnb/VRBO etc.?  It's currently being renovated, but by the time the renovation is over the pri...

Hey BP developers, my group is putting together our first small subdivision deal. We already have the site plans, which were started by another developer that we're purchasing the project from. Can anybody explain the...

howdy, from dallas tx. i'm a full time professional musician, and my income fluctuates seasonally, as well as being all 1099s.  i've been approved for around $150k on a bank statement loan at 8%, 30yrs fixed, with a m...

Hi. Think back to when you first started your real estate investing journey. You are ready to purchase your first fixer upper. Knowing what you know now, what advice do you have for yourself?