Just got burned on a flip. Did a cash out refi on my property to pay back some hard money that is due and banked on an appraisal without researching the market value. Appraisal fell short. Profit will still be made wh...

UPDATE: Admin please delete other topic/subject line. Hello all! So I'm in a bit of a fix. For the past few weeks I've being trying to figure out what to deal about getting my first duplex. The problem is...I'm only q...

I am an elementary school teacher in Chicago. My wife works for a large art museum. We are looking to learn about and purchase rental properties as a way to make money. For some people on BP, the end goal is to quit t...

So some of the things I hear from real estate are.
1. Every one wants to be in multi family
2. 50 units or more is ideal.
With that said, what are people paying for 50 or so multi family units?Rather than buy a sf...

When it comes to taxes, it’s not about how much money you make—but how much money you actually keep.
“For years, Amanda has been my personal CPA, helping me save hundreds of thousands of dollars. Now, she's show...

Hey y'all,Read David Greene's Long Distance REI and wanted to consider this:"If you continuously make extra payments toward the principal of the loan, you not only pay the principal down faster through the extra payme...

Below is a question I have asked my accountant, but haven't really been able to get an answer that I can comprehend.  Generally I am trying to understand whether it makes sense to capture renovation costs at the sale ...

I am currently incarcerated. However, I am in a transitional program. Here in about 2 months I will be able to work and am required to save 75% of my money. I am currently reading Cash Flow Quadrants from the Rich Dad...

Hello everyone,I have spent a good amount of time learning about the multi-family and rental industry and am looking to get involved some time in the near future. I am looking to get into multi-family and/or distresse...

Hi, my name is Paula and I have been playing with the idea of real estate for a few years now. I have taken some classes, read a few books, listen to podcasts. But have been too chicken to take any action. Meanwhile I...