All:My handyman just called me and said that a floor joist was split underneath one of my college student rentals. Five guys live there and had friends over for the Super Bowl on Sunday night. They claim it was only "...

Hi BP, is it possible to 1031 exchange an sfr to another sfr of lower purchase price, yet include rehab costs within the 90 or so days (can’t remember the time limits) to make it cost more? This may be a common quest...

Hi all,
Long time reader, first time poster. For context, I still consider myself a newbie but have had a couple rentals, done an EASY DIY flip, and now have a 2 airbnbs that do well in Baton Rouge, LA. I've now purc...

View report*This link comes directly from our calculators, based on information input by the member who posted.Hi everyone. I just started using the BP Calculators in the last week and I plugged a few...

If the bank states that they do not allow their mortgages to be assumed, is there any room to negotiate by offering them a one-time upfront payment or offering to have the loan interest rate to adjust up slightly?

Has anyone used a "203k FHA construction loan"? I am curious to know how it works and what the rate is relative to the typical FHA-conforming loans. 

Just a brief rundown on my situation. I currently own a commercial general contacting company. We have built a few custom homes, however new construction residential isn’t our primary source of revenue. We have been i...

Good afternoon,I've been reading a lot on this site and elsewhere about Owner/Seller financing as it pertains to Dodd-Frank, but I can't seem to find an answer for this situation (either that or don't want to believe ...

Just finishing a couple articles in current mags. Money and Smart Money. Economists are predicting a 4% ANNUAL increase in rents-which will be the highest annual increase since bubble burst.
I'm betting over for my...

Hi All,

We just started a c-corp to take advantage of ROBS capability, and I'm doing some basic research on cash vs. accrual method for accounting. For a rehabbing business it may not make much difference du...