Hey everyone,I put in an offer on a local home through Auction.com, a real estate bidding website. The home is an REO property and all boarded up. I'm confident with my #s and will most likely come out profitable. Tho...

I'm under contract for a SFH in Indiana and the inspection uncovered some fairly serious foundation problems. Basically a previous owner dug out the basement below the foundation footer and this has caused one of the ...

Hi all,I am selling a ranch that was used as a rental held tenants in common and have very little basis since it was inherited long ago. I would like to reinvest all the proceeds (375k) into a local flip (owning secon...

If a raw land parcel was sold at a profit, with the seller owning this parcel for more than 1 year, with the seller being in a 15% tax bracket ( from regular job ), would there be a capital gains tax liability ? Selle...

Hi,

I tried to post this earlier, but I guess it didn't go through. I can't seem to find the post anywhere. So I hope this isn't a duplicate post.

But anyway, I spoke with a young lady today at an investor-friendly...

As a wholesaler in Miami, I am making a few offers and they are asking me for a bank statement, before we used proof of funds from our transnational funding source.  There are a few ways to do this but I want to know ...

We are in contract on a unit and have explicit permission from seller to list it as a rental and show the property to prospective tenants before we have closed. Would love your thoughts on:1. Can we sign lease agreeme...

Hey BP,I wanted to start acquiring REOs to wholesale. Does Anybody have any advice for me dealing with REOs?I am new to this and I am all ears. Thanks in advance for the advice!I already have an attorney that does dry...

At the closing of an already rented property (duplex) of course the security deposit is transferred to the buyer does that mean the last months rent should've also been credited to the buyer ?

Hi BP community, I have a SFH that I lived as primary last year for one year. Recently, I moved out of the house and rented as MTR. It is my first MTR and the return on equity is not good (due to high property tax, in...