I have a scenario where I have found a manufactured home on a permanent foundation in an area where you own the land & have a very small HOA to pay for water, pool, parks, rec room etc. It’s great for my family as...

I am looking at purchasing a condo in Myrtle Beach, SC. Purchase price is around $110,000; rental income is $26,000/year. When I plug my numbers into my calculator, I am coming up with a cash flow of roughly $800/mo...

I’ve been under contract to purchase a duplex since October 2019. Property had a messy title and I was told it was cleared and ready to close February 2020. I went for final walkthrough and water to the property was n...

Hey guys! I am new to the site and would love some insight on my current situation.  I just closed on my first home April 26th, 2020. Per the inspection agreement, the sellers agreed (with their signatures) that they ...

Hello bp!One of my properties has a slab leak in the bathroom. A plumber went out and quoted 4K to remove the tub, excavate the slab, cut back until healthy line is found, and replace the line w pvc extension. After t...

Here's a 529 plan question for the tax gurus...

I setup a 529 college savings plan for my youngest years ago. She now is in college and earned a full scholarship, so she doesn't need the 529 plan funds for her underg...

So I just finished reading Robert Kiyosaki's Rich Dad Poor Dad and he stated something about how business owners pay taxes vs how 9 to 5ers pay taxes. He says 9 to 5ers pay the gov first in taxes and they get whate...

Hello BP community,

I was talking to my contractor about a property I am looking to purchase in Northwest Philly.

Purchase Price $35k

Repairs $30k

ARV $90k

He could be interested in pu...

Was listening to the BP podcast 36 and they talk about when a person gives notice they are moving out that they send them a list of charges that will be incured if its not left clean etc..

if we clean the fr...

Looking for just some general advise here: I howmuch is too much for a rental property?Let’s assume I’ve found two places that hits 1% or very close to it. Do you want to go after the 180k property in an “up and comin...