I just received a phone call off of one of my yellow letters and after speaking with the seller I don't see much I can do but I was hoping for input from the BP community on my analysis. Here are the facts:

House is ...

Hi, I'm trying to figure out what to expect in terms of closing costs as a percentage of purchase price for cash purchases on homes priced under $30,000.I know I'll save on credit report fees, loan origination, and ti...

Hi All -

I put a bid, and got an acceptance, on a HUD home back in August. Due to an inexperienced relator and unresponsive property management company, we only just now completed the inspection. When we reeneterd ...

I've gotten all of my deals from cold calling. Lately however I noticed that they're coming from text messages so I decided to start sending text blasts a few days ago. I've been sending around 300 per day. Most of th...

Good Morning Everyone!
I am currently stuck on the Screening process when I am reviewing applications. 
I am having a hard time trying to find a good tenant screening service that works best for Massachusetts and is...

Sold a property (proceeds with Qual. Interm.) & have a new property to buy. Formed a new 2 member LLC to acquire & hold new property, but accountant says it needs to be Tenants in Common. Can you do a 1031 exc...

Hey Bp!
So I’m refi. My house hack duplex. And the bank sent an appraiser out as normal.  So when he was doing his job, he had a few questions, that I answered to the best of my abilities. But he keeped asking about ...

If my brother and I hypothetically invested in an income producing property together, would only one of us be able to claim material participation in order to allow us to use bonus depreciation to offset our active in...

I know this subject has been beat to death but I am not finding what I am looking for in past posts. I am looking for accounting software and bought QuickBooks - the issue is my PM manages his own properties, and my p...

My dad and I have partnered up to invest in real estate. His credit is lousy but his house is paid off. My credit is good. Can he just give me his house, and later on I utilize the equity and my credit score for a refi?