I need advice on how to confront a slum landlord that benefits both sides. Heres the situation, the tenants currently renting the property are paying $1150 month and complain to the owners about major repairs need...

I posted months ago about my plans to leave my high paying W2 position, and COVID did this for me last month. My employer never liked that I had rentals and also flipped some properties, but the truth is he had talked...

Simple 4 page executed contract provided for purchase money mortgage (pmm), seller financing $375k @ 4%, repayment monthly amortized 30 year, 15 yr balloon, no pre-payment penalty. Seller's P.O.A. is a non practicing ...

Will soon be purchasing my first turnkey property.  But before committing, wanted to learn a little bit more about exit options if I decide to sell at some point.  Of course, the goal is to buy and hold long term.  An...

I was wondering if there was a definitive article/blog/forum post that summed up the exact process for creating a seller finance deal. I've searched the forums and there are a number of "Pro/Con" type articles but...

Evening, Fellow BP'ers:First let me start by admitting that I recently listened to the most recent podcast with Kyosaki's CPA followed by Kyosaki's episode 500.  Where basically in the first 10 minutes he poo poos on ...

Here’s how that works:Depreciation is the act of slowly deducting the initial expense of an asset against your taxable income. Generally this is over a 27.5 (residential) or 39 (commercial) year time frame. So each ye...

Hey BP Community!

I just finished reading Rich Dad Poor Dad, and I’m more motivated than an ever to make my first purchase. I’m looking for my next book now!

So this month I’ll be debt free, and I’ve been thinking a...

We just agreed on a price for a 96 unit class C complex. The complex is currently managed poorly with out of town owners and "suspect" management and maintenance personnel.

First, we own and manage 90 units ...