OK gang, wanted to get the BP investors' opinion on this scenario. I had a house under contract for $75k, ARV on it is $130k. Needs 25 to 30k in repairs. 1,200 square feet in a great location. Discovered a convicted...

House costs $55,000---needs a new roof and some sheetrocking, gutters and paint (approx 14,00-$20,000) . . Taxes are 5,500 a year and insurance may be another $50 a month. Average rent in that area is $1,100- 1200 a m...

I am looking to buy  a six unit and sixteen unit complex.   I am under contract for the six unit, and the sixteen unit just popped up on my radar this week.  Has anyone ever been in a situation like this.  Were you ab...

My wife's dad has a duplex with a mortgage of $90k and it's probably worth about that. Total rents are $1200 / month including utilities.

What do you think?

Hello. My name is Rob Farris, I'm from the Stockton, CA area. I am super new to the real estate world, but am ready to learn and grow.
Initially, I was interested in getting in to the buy and hold strategy to create ...

I have a partner who I will be investing in my first flip with. How should we divide the profits if 1 partner is investing more than the other. For example If Im investing 20k and he's investing on 13k. How should we ...

Hi BP fam,First time poster long time lurker. I'm wondering if someone can advise on my situation. I tried reaching out to a CPA but they're either very busy because of tax season (understandably) or want to charge me...

Hello,Apologize if this has already been discussed(I'm sure it has) but I cannot find.  If I'm looking to rent out my unit and tenant A comes along who does not quite meet the income requirement but can prove they hav...

I know there have been several threads on similar subjects in the past, but I couldn't find any with quite the same details.  Tenants moved in 2 months ago.  They are both on the lease.  They met rental qualifications...

Hi everyone! I have a tenant for 3 years. No kids. No pets. She has really been great! She pays on time and has kept the unit clean. She recently got into a serious relationship and is now considering moving her boyfr...