Hey everyone! Thanks for checking it out! I am practicing on my analysis as I hope to purchase something like this or bigger before the end of 2016.  Another purchase this year would add 2 properties to my portfolio a...

I am strongly considering opening a Self Administered, Self Directed i401k so that one of the investment vehicles can be - you guessed it - real estate notes and mortgages.With that said, I don't want to preclude myse...

I have read the majority of the books recommended on BP I have a lot of family that are in real estate that give me advice on what to do and not to. But my question is when is the time to buy something I understand th...

Hi Everyone,I'm new to investing and need some guidance.  Can anyone please help me?  The president of my condo association has a 4 unit bldg. in the Los Angeles area that she selling.  The total income is $5200 mo. a...

The short answer............yes!Especially, if you're new!  I wish you would just trust me on this, but I'll share a couple of errors I made.1) Operation shut down.  Most contractors will tell you that you don't need ...

I bought a new roof and new flooring in 2012 for my rental in Houston and have been depreciating it every year. This year I sold the home for $136k and want to make sure I capture the correct cost bases. I paid $75k f...

I'm eligible for a loan from Lending Club for $24k. Can I use this money as a down payment for a conventional product/hard money skin in the game? Or is there some rule that bans borrowing for a down payment?

I have a great opportunity to purchase several (5 to 10) single family homes for long term rentals. The lease contracts would be with a large global business so it’s a very reliable/steady rent income. ($350k homes at...

Hey all,I am currently in the middle of a contested divorce. We have a court appointed realtor to sell my rental property that is currently rented out on a month to month lease. The realtor asked to go through the pro...

Hi BP,I recently acquired my first property, which is a house in Hawaii where I'm renting a portion of it to a tenant. As the tax season is coming up, I'm starting to think if it's worthwhile to hire a tax planner (mo...