So I am looking to get my start in real estate investing by flipping houses. At first I plan on using a hard money lender to finance my purchase and rehab costs. Would it be a good idea to start an llc to do the deals...

Hi BP,

I'm preparing my taxes and am trying to determine the value of depreciation that I can write-off on my taxes. Where do I find the cost basis (value of structure) for my rental property? Is it on the county web...

I’ve been looking into investing into RE and looking for loans and have came across the Fannie Mae HomeStyle Renovation loan. This loan looks the best for investing into property that might need some work but not too ...

I currently live in a 1100 Sq. Ft. house in a small neighborhood. I purchased the house 3 years ago for $122,000 and still owe approximately 95% of its value. One of my coworkers is retiring and moving to Florida. ...

Hello Forum,My name is Ricardo I live in Southern California in Reseda Adjacent to Encino and Lake Balboa. I would like any advice or recommendation on my current situation. My wife and I bought our first home 6 month...

First time poster, recent member and was wondering if the fantastic BP community could lend a hand.  My wife and I have come into a relatively unusual real estate situation.  Her parents own a home in Las Vegas, NV (a...

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $12,500

Cash invested: $14,500

Bought a ski resort condo in Bansko, Bulgaria

What made you interested in i...

Hi,I'm trying to get a good grip on buying foreclosures from the courthouse steps in Texas when the property has a 2nd lien.  For example, the sale mentions the first lien, the primary, from the main bank foreclosing....

Property (965 sq. ft.) ARV ~ $40-45,000 (based on similar homes in area)
Assessed @ ~ $29,600
Asking ~ $19,000
Rehab ~ $3500 (rough estimate)
Small 2 Bdr on an acre out in the country.
Owner owes nothing on it.

What ...

Hi everyone,I just put under contract a 2- flat building in the Chicago area. This is a class C neighborhood. Can you please give me some advice and criticize my analysis below? The first unit is renting for 700 (long...