Help! When a tenant is far past due on a balance (rent, late fees) do you first take it up with collections, or small claims court? 

Hey guys! I'm new here and I have spent a couple of years studying real estate investing strategies. My idea to buy a home is to get an 80% LTV 1st mortgage from a bank, take over that mortgage and give the seller a s...

How does one go about assuming someone's mortgage with a better interest rate when purchasing a property?

Per the title I'm Karmine!I'm 18 years old and eager to seize all the opportunity life sends my way. I currently work as a Pipefitter (think plumbing but on industrial steroids). I'm passionate about real estate and h...

HI All – I’m Lou and I’m very excited to be joining the BP community!
My goal on this platform is to expand my network and develop relationships with brokers, owners/operators, investors, and others who are looking ...

This post is meant for my accounting colleagues - an invitation to debate, basically.Let's consider scenarios.1. (clear) You buy a rental with a $100k loan. Two years later, you refi into a new $100k loan with better ...

I need a new roof on my latest flip, NEW GC said he wants the full $6100 down because its not my primary residence. He won't sign the invoice until its paid in full (and I live across the state). I called one referenc...

Hello everyone. I would like to seek your opinion on my recent development with one of my tenants. They signed a lease in November for 12 months. In early January they advised that they have bed bugs which supposedly ...

Hello Everyone,Im not sure if this is a stupid question to ask, but I am generally curious about the subject and would like to know what is the best step to take. Should I cancel my 401k?To give you a little backgroun...

So, I have a duplex that has about $150,000 in equity and I am starting to think about purchasing my next investment property. Ideally I'd take $20-$30k out with a HELOC to fund my next downpayment. I hear that gettin...