Dear BP family, I am finally on my way to start my small business. I have setup an LLC as a C corporation. I have the option of turning it into an S corporation. Year 1, I intend to keep my W2 job while i work to get ...

Hello everyone,When buying a car a bad engine or transmission could be deal breaker for most. Which piece in a home would you say is equivalent? Something that is foundational and that will cost so much work that its ...

How should I let me tenant know that they owe me a late fee? I am on a texting basis with all of my tenants but should I send them a letter? What happens if they don't pay it but continue to pay rent going forwar...

I have a 1991 single wide that belongs to my mother (she no longer lives in it). It needs a lot of work, floors need to be replaced, the roof leaks, and outside wooden walls are rotten around the bottom. Would it be w...

Trying to purchase 2B/2B apartment ($45,000 with cash) and the area rent-to-price ratio is favorable.It can generate $300 cash flow per month after calculating all expenses( HOA: $170 per month, vacancy 8%, management...

I spent the weekend going through listings in what I call "practice" to see if I can find deals. I believe I have found 3-4 great deals, some rentals and some for a quick flip.I am eyeballing one property in particula...

Wanted to say thanks because I've learned a lot from reading this site the past few weeks and look forward to giving back in the future.

I just got a lead off a direct mailing campaign and the owner owns the property...

Hi all, I see many people asking in these forums what costs to keep in mind when estimating a property that will be turned into a STR. I compiled the list below with the most relevant items in my experience. What cost...

Some houses in Syracuse NY are going for $6K. Some are total demos and some look decent. They are usually bank owned. Are these houses good investments? My goal would be to buy, rehab and rent?

Thank you in advance for any feedback. This evening I am looking at a 5205 sf, 4 unit (2/1, 3/2, 2/1, & 3/1.5) one block from Penn State Dickinson Law School & Central Pennsylvania Youth Ballet in Carlisle, Pa...