Just bought a house and discovered in has a leaning basement wall.Basement was flooded had it drained. Plumber said main water line in basement broke somewhere, dirt in line couldnt get snake past certain point.  He t...

Business is about systems. One of my favorite books is E-myths. The book preaches “working on your business not in your business. One of the most tedious low value parts of real estate investing is skip tracing which...

Hi all!Who do you guys use for VAs?How much do you pay them?Do they collect rent, track down tenants? Send out Pay or Quit notices?Much appreciated!-Gulliver

Greetings,

We have an investor interested in the following property, do you think he should buy:

30 units
2/1 with washer dryers
Average rent 1225$
Cost is 115k per unit
950 sq ft
Buyer will be getting 30 year fina...

I was wondering how many RE investors have some FORMAL real estate education?  Anything from real estate broker licensing and continuing education classes; college classes or even a degree in real estate; CCIM or BOMA...

I called a bank mentioned on BP that supposedly does portfolio loans for flipping.  I said, "i'm interested in getting a loan for house flipping and mentioned that i'm a first time flipper."  The call was over before ...

Should I hire a general contractor and do all the work? Or is it better to hire different contractors to do different work (painting, kitchen rehab, bathroom rehab, etc)? Also, should I buy materials from store or use...

Hello BPers,After 4 deals with no rehab required, I finally have one BRRRRR deal under contract in Blue Springs, (Kansas city, MO). As you might know this is a super hot area with deals going close to 200K or above in...

I have had the same tenants in a home for 8 years. Over the years, I have chosen to only raise the rent a few times while rent prices in this area (outside Seattle) have skyrocketed. The home's value, according to Zil...

I am trying to understand what my potential tax implications would be in this example scenario.1st property purchase:$600k with $150k down Sold for $932,5002nd property:Purchase price $1,925,000$385k down  Sold for $2...