Hi everyone!My name is Katie, and I'm from Morgantown, West Virginia. From the information I've gathered so far, I've decided to focus on rentals. While researching REI, I of course came across the BP podcast and thei...

I am just curious to see what can legally be done.

I've been pre-approved for an owner occupant FHA loan. My loan officer said that there is no specific time period I must live in the house, but I have to live there...

Hi BP!I have a great off-market deal (a condo in an HOA in Chicago) that cash flows $1,000 per month and the seller wants to sell it for $415k. BUT the most recent appraisal of a comparable condo in the HOA was sold f...

Background:Multi-family large single home in B-/C+ neighborhood with decent school district that has 5 under-rented units (~10-15% under market).  Listed for sale outside Philadelphia suburbs for $325k (with rent roll...

Hi All,
I have a problem that hopefully this community can help me out on. My partners and I recently found a property through a wholesaler. We executed a LOI with this wholesaler with a 14 day option. We sent $10,00...

Hey guys,So I own my own business, and last year I purchased my first home and investment property (a duplex). It was a little tricky getting a loan as I own my own business and I pay myself periodically, about $100k/...

Hello! My fiance and I just purchased our first property and look forward to renting it out in the near future. I wanted to get some insight on a few things. 1. Is it unusual/excessive to require first, last and depos...

Hi All! I am a commercial general contractor in the Southern New Jersey Region. We primarily construct commercial, medical, and industrial buildings with a strong history in pre-engineered metal buildings. My goal is ...

My PM company I use takes first month rents and then 10%. I'm OOS investor. Is there a more cost efficient way of managing own property than paying a PM company? Currently I have paid them almost 3K/year. That's 3K th...

I just received the following email from my property manager. How would you respond? I'll let a few people give their opinion and then I'll share mine. I just purchased this building 3 months ago so these are all inhe...