What is IRR?? How can I understand that complex formula?? I know that it is a rate of return that factors in the time value of money, but still don't get it.

I own a 6 bedroom, 2 bathroom house on Ball State University's campus. It has three bedrooms and a bathroom on each level with the laundry and kitchen being on the lower level and the living room area being on the upp...

Hi everyone, I just joined the BP community and am considering making my first investment. My question is - what are currently the hottest real estate markets in the US, and more importantly, how do you evaluate real ...

Hello BP,I'm trying to understand the impact of adding a 3rd bedroom in the basement -- to a 2BR house -- for appraisal purposes. This would be in the context of buy-and-hold, with a cash-out refi after the addition o...

Hello everyone,

I'm new to investing in rental properties and have been listening to the BP podcast for weeks now and have since read several books but I have not seen anything addressing my question of if I have f...

I haven't posted on this site in a long time, but stop by and read the forums regularly. Last time I posted I was going to take my pre licensing course. Well, I passed it with flying colors dispite having the teacher ...

Hello everyone! My name is Brent and I'm a young newbie to the industry of real estate. I'm 20, soon to be 21 and currently live in an apartment with my girlfriend of soon to be 3 years. While I don't have a backgroun...

I am a Junior in college and my ultimate goal is to be financially independent. Ideally, I would like to have Rental Property Cash Flow cover my living expenses. I am 20 years old and a Junior in college, I have read ...

My father offered me a partnership in house flipping with him, which I would begin when I graduate. Can I flip houses at 18? Obviously I would be using my fathers money to start out and not my own because it's impossi...

Hello, i'm 22 years old and I live in Parsippany, New Jersey. I'm really interested in real estate but I don't have any experience yet. I'll be graduating from Rutgers University in May 2018 with a degree in Electrica...