Hey guys I'm completely new to this right now I'm working as a finish carpenter and I'm getting by but i am about to have my first son any day now and I've been watching podcast and trying to learn how to get started ...

We have a mortgage of $280,000 at 6.5%. I have the cash to pay off the house right now, and still would have about $40k left as an emergency fund.Should I pay off the house, invest 50% and only pay off $140k of it, or...

I am still very new to this so please excuse my ignorance. What are the pros and cons to owning a rental property outright? It seems that cash flow would be significantly increased if you can pay a mortgage off, but t...

I am planning to buy a house with just about every dime I have saved. I may rely on the 5k in credit cards I have as a safety net. I know it seems risky but the homes at my maximum budget will likely produce the highe...

1% Rule seem hard to achieve (at least harder to find) in "hot" growth RE markets (i.e. Austin, Seattle, etc.) but easier in some RE markets (i.e. Ohio, Missouri). Would you rather do a buy & hold (holding period ...

BP community,I'm new to BP and am looking to make by first real estate investment sometime before year's end following a failed SFR investment that I held from 2011 to 2013. Failed in the sense that the gains were min...

I put my first solid property under contract this week!  I had a triplex under contract earlier this month but the seller/agent smelled my inexperience and tried to sell me a dud.  Thank god for the option period!  Th...

Here is my situation:

In 2009 I bought a hurricane damaged house and rebuilt it. It has been a vacation rental since. I put the house on the market Monday so I can free up some money to reinvest.

In May of 2012 I p...

I am buying an old house built in 1953 that has problems. The house is slightly settling in the back and the plumbing is "iffy". It's basically a lemon and if I get an inspection performed, it will not pass. That bein...

I have an aging duplex purchased in 2012 with substantial gains and I'm considering cashing out to build a 4plex. Would this be considered a "like kind" exchange in the eyes of Almighty IRS b/c it's a new construction...