I have two properties in escrow in Saint Louis City. They are both four family properties in desirable locations (quality tenants).The purchase prices are $349,000 and $290,000.  However, as these properties are all...

This is a case of where my accounting MBA background plus what I read online is in conflict with my CPA's  knowledge. In filing my business returns (S-corp), my CPA seems to think that renovation expenses should go in...

I was looking for advice on starting out in being a successful real estate investor (with no capital) years back and ran across a few people who gave some of the best advice I have ever received for that scenario: BE ...

Hello investing friends! My very first "flip" went live on MLS today. What a great learning experience and it was definitely very different than what I've seen on HGTV. :) Nonetheless I LOVED the process.Before/after ...

Hi BP!Happy new year!  I own three investment properties in Indianapolis that are professionally managed.  I was on the phone with my property manager the other day and he said something that caught my attention.  He ...

I was just listening to a financial radio talk show and they said home buyers in this market (I’m in Boston) should be aware that they are buying at potentially the edge of a bubble and if they buy now should not plan...

Hello, I am planning to buy my first investment property within the next 6 - 8 months. I was wondering when it comes to finding a hard money lender for rehab costs, is it a general rule to pay for a percentage of the ...

I just finished a BRRRR just outside of Seattle, Washington. This deal had all sorts of complexity. It was an out of state deal (I live in the SF Bay Area), where I 50/50 partnered with a contractor, and got a private...

Is there ONE person out there who has only purchased properties for around $30k, rents them for $700 or less a month and has been successful long term and can prove it with the numbers? 

Hello all REIs and especially local people in Western NY !
I want to get some feedback and advice on my next steps to see if this makes sense.
This will be longer post so thanks for hanging in there!
Current situat...