We found a guy offering two turnkey properties as a package deal. He is asking 50k which honestly we could pay 50k and it is still a stupid deal. We would cashflow nearly 500.00 a month off of the two properties. He s...

Hey Guys,First Post. I recently got my first investment property (SFH) and I will be wrapping up soon. In the process of finishing, I came across a deal for an 8 unit apartment building for under 350k. At first glance...

Hi, everyone! This is my first big post on BP. I should've posted my intro a while ago, but I'm finally getting that done now. I'm Corbin, and I live out in New Jersey as a district manager for Mazda North American Op...

Hi everyone, I made a super rookie mistake and allowed a tenant to sign a lease before she sent the deposit. She said she would send the deposit later that day via e-transfer, so I sent her the lease to sign after che...

Hey guys, I'm pretty new to BP & learning about REI. I'm curious if, when starting out, you find it helpful to get a Real Estate License? Assuming this answer is situational upon which route someone decides to tak...

This is a little complicated to explain, but I'll try my best! My mom has gotten behind on her property taxes and her house (fully paid off) was set to go to auction on Tuesday, March 6.We (fiance and I) have just ove...

Hey All,I will be closing on my first SFH next week and purchased it with a residential mortgage.  At the advice of my attorney I formed an LLC to protect my personal assets as I continue to grow.  After speaking with...

I am looking to purchase an investment property from another investor strictly for the rate.  I will make him whole, and I will take the house subto.  He currently owns the house in an LLC.  If I have him put the insu...

Hello guys,New in Real Estate, started last year and opened a series LLC. Initially (as I am still learning about this) bought the property, got the Tax ID and opened the Bank account under the "mother LLC"... now I a...