I am yet to make my first investment- but have been doing my homework and saving, and I'm "almost ready". I work in a secure, full-time employed position, and I love my job. To be clear, I do Not intend to quit anyti...

I want to get into real estate investing.  Here is my plan and then my questions below:1) I want to buy single family homes across various states with each home having its own LLC in that particular state.2) I want th...

Hey BP Fam,
I currently have a local investor looking to exit his rental business within the next 5 years because he's older in age. So he wants to sell all of his properties. A vast majority of them have 100% equi...

I have an investor who has offered to give me 15% of net profit after a deal closes if I fund the purchase.What would my tax implications be if say I funded a $20,000 purchase and the sell ended up netting him $10,000...

Thanks in advance for your thoughts:

Currently in escrow on a duplex in Dallas/Garland area. Just got inspection back and condition is a bit lower than expected. Units are all occupied, and leased at $1095/unit, cons...

Hi all,Can the experts lend a hand in what to watch out for when picking a company to handle the exchange ?1. Should the company be in the same state for the purchasing side to understand any relevant laws and local i...

Hi BP Community,    I just made an offer on a single family house today and just wanted to share the numbers to see if they make sense.     The house was built in 1999 and has 3 beds and 2.1 bathrooms. It has a walk o...

My Dad is 75. He lives in a home with a reverse mortgage. His home is valued at $300,000 and the payout on the reverse mortgage is $120,000.  I would like to pull some of the equity, give him some money, make some upd...

I have a condo, purchased 2012 that I have currently on the market. Comparables and recent sales put a FMV between 370K-380K. However I am sensing a change in market activity. While May/June there was a flurry of bidd...

Hello,Here is my awesome dilemma.Seller received advice and changed mind to sell because of concerns on capital gains tax on a property in NY if they sell it to me and carry the 1st/the note/owner financed and no mone...