Hi all. I bought our primary 4 bedroom residence in 2020 for $930k and it has increased in value to $1.43m (woo hoo!). Now that the value has increased $500k, any additional increase will be taxable income when I do s...

My wife and I recently had our offer accepted on a new flip we plan to use as an investment property. We had the inspection done yesterday; however, there are a items that came up we weren’t expecting and now are star...

Gentrification:  the buying and renovation of houses and stores in deteriorated urban neighborhoods by upper- or middle-income families or individuals, thus improving property values but often displacing low-income fa...

'Is a line of credit the best way to go for a beginner with no history in flipping homes? I spoke o a lender and that was the suggestion

I have a couple questions around bookkeeping and taxes for rental properties.  I recently had some work done in the basement of one of my multi family properties that amounted to $4300.  It was really needed because w...

Well, my partner and I just got word that our buyer backed out of our flip property today because they found out that there is a powerline near the house and they have a newborn on the way. They did research and fo...

Hello BP'ers.  Quick easy question.I understand tenant security deposits go into an interest bearing checking account, my questions are:1.   Does it matter if it's checking or savings? 2.  If you have multiple tenants...

Hello, I'm a newbie REI want to invest in Pennsylvania.  Almost all good REI books recommend that I build a good team first.  I would love to connect with reputable REI friendly Property Managers, Real Estate Brokers,...

Just an FYI about the new EPA RRP Lead Safe Law. Most contractors need to be certified under the law, (this may flip a few of you out) however the law also extends to real estate investors that perform their own repa...

Hello BP!I know I should seek the advice of a competent CPA or Tax attorney, but I wanted to get some opinions of others prior.  I understand you aren't giving tax or legal advice, so the disclaimer is out there.I hav...