Hey BP community,We recently looking into getting a short sale property in oregon. The numbers came out decent when the finances calculated but we're really getting it for the future potential of the property in that ...

Are there any plans out there for a meet up in the northwestern suburbs of Chicago?!

Hi every one, First i have to say great site, i've been reading different discussions for a while now and finally decided to take the time and join.I've been in the construction field for some time now, and also worke...

As with S-corps, I pay myself an industry average salary for my position (W-2 wages). Due to a downturn in business, we’re contemplating claiming unemployment. With our W-2 wages, is the right path to go through tradi...

This may have been answered many times so I apologize for not searching more thoroughly, but I could really use some help answering this question.  I have two very old 401K's from former employers that I never did any...

Hello all - First just want to thank everyone on BP for all the incredible info and knowledge - this is an amazing site!
I recently purchased a 4 unit rental. I took out a HELOC on my primary for the downpayment (3.75...

My understanding of cap rate calculation is NOI divided by the property cost or value. Recognizing that cost and value are not necessarily the same, I'm confused about which one to use in my calculations. When would i...

I have been replacing the entire duct system in my primary SFR (soon to be rental). One thing that has concerned me is that the supply plenum is wobbly and not very secured. I  notice that it is tilting to one side an...

For those that do this, how do you ensure that the tenant keeps paying the premiums?

Didn't want to get into the details much yet as my realtor just got this notice for garnishment. Long story short, paid the contractor 2 draws and now he is suing me for non-payment.  Wondering if someone can recommen...