Wife and I are at crossroads. Our long term plan is REI in order to provide for the family and our kid's (currently 2 yo.) future education. We are both 40, bring home about $160k and have approx. $100k liquid to inve...

Anyone else concerned with the debt crisis?   How are you positioning your self defensively?  How much cash reserves keep on hand. 3 months, 6 months, 12 months?

How do you handle price increase by your contractor that was not agreed to by both parties? If you have been rehabbing Houses then you realize that it is common practice for the contractor to try to do an add-on price...

I came across what looked like a great property on Loopnet. It's a Starbucks, yogurt shop, and Subway on a parcel in a large shopping center in a great area at 8.26% cap. After dropping everything to go look at i...

Hi all –

I wanted to get the community’s take on this all-cash deal for a multifamily unit. It’s in a very good part of Cleveland, hence the ARV. I plan to get a mortgage after 6-12 months, so my analysis will in...

It is my understanding that in calculating effective income for an FHA loan, non-taxable income (like child support for instance) may be grossed up at the greater of 15% or the borrower's tax rate for the previous yea...

I am and always will be a multifamily investor.  As a syndicator finding accredited investors has been relatively easy compared to finding deals in my target markets.  Recently I've seen others in this space sitting o...

Hi everyone,
I'm looking to do my first deal in the Tampa-St. Petersburg area, and, it's a big place. I know that understanding the industry and hiring centers is important, as well as crime rates. But what's a good ...

Hello BP!Wanted to get your thoughts on write offs for your business and whether it is worth doing? This could apply to a real estate business or other small business. Basically I jumped off the deep end and quit my W...

I have a tenant moving out after residing in the apartment for 5 years. She is a heavy smoker and the nicotine is dripping off the blinds. Needless to say, all walls and ceilings will need to be primed and painted. Sh...