Hello, I want to shift my focus from investing in Canada to the US. I can't compete in this market here and I want to get started asap on increasing my investment portfolio. I'm wondering where the best markets are to...
An older gentleman I know owns a mortgage and wants to sell it. The occupant has become a problem and is way behind on payments. If he sells the mortgage will the buyer be able to foreclose immediately? The gentlem...
I just wanted to give some thoughts from both an investor and lender perspective, especially for those in WA state where the market has been changing. I've been seeing a lot of refinance requests to get out of har...
Hey guys, I'm new and trying to figure out the best way to get started in the REI game. I was just reading Lonnie Sruggs' book, the part that deals with the SAFE Act. From what I can tell, the SAFE Act/Dodd-Frank appl...
Hello there. So it looks like I just bought a daycare center in Charlotte NC. Being strictly a residential investor, this foray into the commercial side of things is a little scary to me. I could use any help I can...
Dear BP, please help! I am a brand new investor, and just closed on my first duplex today in Wisconsin, which has an existing upper tenant. The tenant had a verbal agreement with the previous landlord, of $500 per mo...
Hey. I have a upside down rental that was my first house. Bought it on the high side right before the housing bust. I refinanced it once to get the payment lower because my family was growing and we needed a bigger ho...
When you purchase a property and immediately rehab before renting out, do you add the cost of the rehab to your basis of the property, or do you take a loss that year? Does it make a difference if you have a bunch of ...
1. Can anyone recommend a solid syndication that accepts 1031 exchanges, preferably Multi Family?
2. If I have a property in a 1031 exchange and I am looking to sell it, I will be on the hook for capital gains and de...
Hello! Inaugural post of a time lurker and podcast fan. I’m living in the DC area and looking at the possibility of investing in either Jacksonville, FL or Tampa, FL since I’m in the military and there is a good chanc...