I just got tenants out of an aggravating single family I've had for 4 years and fixed it up to sell.   I should net 200K off of this sale.  Property was only netting me $636 a month after all expenses but my interest ...

This is a follow-up to my recent post about IRA audit myths. In this long sequel, I will discuss hiring audit and "IRS audit insurance."
1. DIY IRS audits.
Can you defend yourself against an IRS audit without hired ...

Hello all,We are closing on a 12unit next month. The inspection showed there are 8 water heaters that are near double life expectancy (so they are 10 year water heaters but some are 18 years old). Would you replace th...

I know its a question that I'll probably get 10 responses with 10 different answers, but I'm going to try. You guys have a lot more knowledge then me.

I'll try to give enough info while keeping this as short ...

I'm fairly new to real estate investment and I have one rental property thus far. I've had some property management nightmares. I recently found a new property manager who seemed to be a lot better than my previous ...

I have a mortgage related question regarding a property I am currently in contract with and hopefully set to settle on in the next couple of weeks.I am purchasing a duplex under an FHA loan (5% down) with the expectat...

I have recently consulted with both WealthFactory and Wealthability regarding tax and wealth planning. Both programs are pretty expensive. One purports to teach you how to find good advisors and the other purports to ...

Looking for a mentor to help guide me through my journey as a new real estate investor. I live in California, but am looking to purchase my first single family rental property in Memphis, TN.  I believe I have found a...

I have a tenant that signed a one-year lease yesterday. During the interview process she said she was downsizing which is her explanation on renting. The very next day (moving day) I get a phone call saying she wants ...

I have been reading some featured BP bloggers as there is always more stuff to learn in REI it seems.  I noticed some real big misconceptions or errors for some expert bp bloggers. Without naming names, I just wanted ...