HI BP Community!Can you help demistify Cap Rates? What is a Cap Rate? What does it tell me about the property? Why is it so important? I've read how to calculate Cap Rates, but I just don't get it...yet.Thanks in adva...

Has anyone quit their job after just one or two deals? 
After the second one I have in mind, my net income will equal my W2. 
Just curious. I am tempted. (I posted this in the STR discussion because I doubt this has...

Hi All - I've seen quite a bit of confusion on the application of the Passive Activity  Loss Rules and Short Term Rentals.  Beyond BP, there is a lot of confusion in the accounting community as well but the same rules...

I've been thinking about this a lot lately. How do you ultimately exit RE as a buy and hold investor? The most common things you hear people say is that they plan to hold forever and pass along their homes to children...

Hey Everyone! Here is the lowdown:Purchased an investment single family home 2bed/1bath in North Park that was well under market value due to repairs needed and being built in 1928. Purchase Price: $585k with a $100k ...

Hello All,I want to get my first deal and Assigning a Lease option is hopefully going to be my fastest way to get it, as thus far wholesaling has proven to be such an elusive creature.I would like to perform this in t...

I have a plan that I'm throwing around.   I currently own one rental property that is paid off.  Cash flowing around 500 a month.  I have a primary residence, house is worth 135k and I owe 65k.  My current income is a...

I'm very new at property ownership in all forms, having bought my first house, a duplex, in November 2021.  I took an out-of-state job shortly after, which had me move last May.  I converted the property from the prim...

I work with several Investors who are out of state and out of country. I just wanted some insight from other investors as to how they choose the areas outside of their own.
How far out do you go from your current are...

I'm looking to purchase rental properties, and I recently spoke with a family member who told me that traditional financing for non-owner occupied properties is very difficult in my area (NW Indiana). If you are able ...