I invest mostly in single family rental properties but I was approached by someone with experience flipping homes for the company he works for. This is someone I have worked with for quite some time and I trust his kn...

Hi!  First off, please forgive me for my level of tax ignorance.  My friend asked me this question who is looking to get into REI and I honestly could not answer it.  That's what BP is for :-).If I am grossing $2,000 ...

Has anybody done this and/or is it possible?

I'm back and forth between rehabbing and purchasing rentals (I mainly rehab to get additional capital for purchasing rentals) and am wondering if the "like kind" clause ...

You know I shared with some family what I planned on doing. I was hoping for support but they were very negative. It is very true that those closest to you will hurt you the most. My goals are too important to allow a...

Hey BP - I am soon to close on my first deal! It is a 2800 sf 2-family in the city of Poughkeepsie, NY.There are certain parts of Poughkeepsie I never would have considered, but this is an improving street near the bu...

First time poster, long time reader. Not sure where to post this. We have a home in Sherwood Oregon that we bought in 2005, it's appreciated nicely and we have been told that we could easily get 365k or above in this ...

I was recently under contract for an older apartment building and have backed out of the deal because of problems uncovered during the inspection process.

I'm now looking at another older building and I'd be interest...

We have a vacation rental in a vacation rental area. We've only had it about a month. The neighbor lives there full time has had some real hard times with a big storm blowing all of his "stuff" (junk) around the yard....

Hello All,My name is Charquis and I am in the process of purchasing a new home and turning my current home into my "first rental property." I have been told that I should form an LLC before gaining a renter? I am not ...

Taxes implications for buyers and seller on Seller finance deals!?I’m working on a seller finance deal and have some questions on Taxes.Seller: Family member Seller’s Purchase price in 2009: $180,000Property owned fre...