I hired an electrician to install a complete hardwired and interconnected smoke detector system in my multifamily property.  The fire inspector came out today and did not give a sign off because some of the smoke dete...

I just had what seemed to be a great family of 3 come look at an apartment I'm renting.  When it came time to fill out the application they asked if a Passport number (not from the US) would be Ok as they didnt have a...

I'm in the process of putting together a deal where I am buying 2 twin properties. Its one building but two separate homes side by side and I'm buying them both simultaneously. They are both tenant occupied, and I wil...

High-End KitchenHigh end finishes start in the kitchen. The kitchen is your most important room in all flips, and so it should demand the bulk of attention for finishes. The possibilities for finishing a kitchen are i...

Hello BP,

I had a strange encounter with a prospective tenant yesterday. He was from out of state, claimed to have a contract for one year with a local company, was pressuring me to move quickly on completing a lease...

Hi All,Looking to buy a STR at the Jersey Shore this year, meet the material participation requirement/100 hrs, and take bonus depreciation on the unit for 2024. I have a few questions regarding this strategy:1. What ...

Just looking for a little clarification on possible ways to use private money to purchase property. I am not looking for partners, I want to own 100% of the property.

Lets say I have 5 people committed to loan me ...

Question for the smart masses. I am catching up on podcast and I listened to episode 55 featuring @Jimmy Moncrief. He stated you could use a retirement account as collateral for an unsecured loan.  Does anyone know an...

Hi Everyone, just as a caveat I'm brand new to BP. 
I currently live in Chicago and qualify for a VA loan. Overall, I want to know if its possible to house hack in Chicago with no down payment? I'm currently looking ...

With the novel Covid-19, Many Americans are battling economic uncertainty. Over 6 million Americans are seeking Unemployment and are experiencing a significant decrease in their household income. Treading uncertain wa...