Hi BP community,If you could take some time, I'd appreciate your feedback on an analysis of my first deal. I'm investing in Iowa and i'm targeting a 10% CoC return with at least $100/unit cashflow. The property: It's ...

What is the legality in Colorado Springs, CO of asking a tenant to purchase lawn care equipment (lawn mower, weed trimmer, rakes etc) to care for the owner's lawn? The lease agreement says: "Tenants are responsible fo...

I went with a realtor to look at a 2 family home. Upon arrival we couldn't get in. The seller told my agent that the tenants were not being cooperative. So they suggested my options were to purchase it unseen or wait...

Good day PB folks,As you may have noticed from the title of this post, let’s just say as I’m new to the real estate investing world as the come back of the fidget spinners. I am learning everyday, listening to the Mon...

Hello all, I'm asking this question on behalf of a friend. The seller is insisting that they will be keeping the Ernest money as well as suing for repairs they made to get the property in compliance with FHA standards...

Debating on creating an LLC for protection and tax benefits. I've been told the LLC set up as a sole proprietorship (what I'm planning) won't give me any more tax benefits than owning a property and carrying a heavy u...

Hi everyone!  My name is Ken and I’ve been listening to the BP podcasts for close to 8 months now.  Just started coming on the forums and wanted to introduce myself.  I currently own the condo I’m in right now, and I’...

It's Friday afternoon and I need a place to vent...since I am preggo and can't drink wine now. My husband and I took over a duplex last year, with one unit occupied by a couple who had lived there for 16 years. Their ...

I have just put an offer on a home (legal 3-flat; I will live in one unit and rent the others) that the seller gutted and started doing work. The seller had, in his words, a renowned architect here in Illinois to draf...

The heavens have opened up and threw me a deal.As Brandon and Josh would say, if the people around don't know what you are doing  (REI) then your not working hard enough (come ro think of it, it might've been them).So...