In my previous post, I talked about the different property classifications to help separate real property from personal property. Identifying your personal property helps you determine the portion of your building tha...

My partner’s and I are evaluating additional markets (in addition to the Smokies) to developing raw land to build 5-12 cabins (650-1200 sq. ft.) as short-term rentals. One market we’re currently looking at is around Y...

This is what they say they do and how the do it. I would like to get into apartment complex ownership, but I have never done this before, I have only done SFH. They basically say they handle everything from locating t...

Hi, BP!Just joined up after being a long-time reader because I finally need to ask: when doing a 1031 exchange, is it realistic to identify and secure 4-5 properties in the 45-day identification period (and abiding by...

Hello all-Would I be able to purchase a fix and flip project with 1031 proceeds? Below is just an example of a scenario.Original purchase price of rental home is $425K$400K loan balance$500K sale$15K closing costs$85K...

BP I need some serious help.I am a newbie Investor & Realtor. I have close friends that are going through a divorce and need to sell their home and part ways asap. I have presented them with 2 options. The first i...

My neighbor died 6 mns ago. House is abandoned. He had a reverse mortgage through celink. How do I go about acquiring the property? How can I find out how much it’s going for? Is it a good idea to obtain a property r...

I have an option to purchase an MR1 lot in a great location in LA but I'm skeptical regarding uses for this kind of land. I considered rezoning to commercial and selling to a developer, but as I understand it the city...

Hello BP friends,I have a business (s-corp) that has been sponsoring for many years a SOLO 401k Plan. The business and the plan each have their own EIN. As a plan trustee, I am selling a rental property owned by the p...

I’m 31, about to be a father of 2 and want to build long term wealth. I found this mother-daughter unit in a village (high taxes) and it needed significant work. Asking price $220k, I negotiated down to $190k after a ...