Someone I'm talking to had a brother who died in 2014 who had a HUD loan.  His brother was telling me he only owed $15K on the house however HUD wants $96K in Recovery fees. Does anyone know what this is? In talking t...

Not sure how to do this.  I have to issue a large 1099 for a business associate/partner who helped me to close the deal.  My CPA is saying don't issue so many 1099s.  I don't get why. Any clues what she's talking abou...

Hello BP, I am a young eager professional trying to break into the Charlotte real estate market. I have been searching high and low for over a year and a half for a position at a real estate company. I have experience...

Doing my annual check in to see who is going to Note Expo in Ft. Worth next week. If you plan to attend, please post here and we can organize a casual BP group meeting at the hotel bar. Bob

Hey guys! I am in the process of purchasing a primary residence over the next few months and plan to do a blend of house hack/BRRRR.  Eventually, likely after the 2 year mark, we will sell the house or turn it into a ...

Hi all! I’m going to be testing in November for my license. Today I’m meeting with a direct lender, but I’m unsure of the basic questions to ask him other than “how do you comarket with other agents you see”

I have been referring real estate leads (these are overflow internet based leads that I generate for my own properties) over to landlords who are renting out apartments.  Some of these landlords have offered me referr...

BP Family. Newbie here! Well i'm ready to take the dive into real estate - cash flow heaven. Meet with a private lender and he sent me back these numbers (see photo). I've used the BP Rental Calculators to estimate my...

Investment Info:

Small multi-family (2-4 units) wholesale investment in Columbus.

Purchase price: $35,000

Cash invested: $550

Sale price: $65,000

Wholetail property

What made you intere...

So we are adding two 4-family buildings to our St. Louis portfolio. Originally the insurance quote was about $1,200 each building. And then the agent came back and said that because we have more than 9 units total, t...