I'm sure all the "flippers" out there read the subject and said, "That's not true!". I would say it all depends. The reason I'm writing this is because as I was speaking with a "short sale expert", she informed me t...

Hi Everyone! I am in the process of setting up multiple LLCs and need to manage the rents and expenses within each LLC. I need to get a business credit card for each one. Has anyone experienced how that impacts your c...

Twice recently people have told me of this new strategy to use a HELOC to pay off your mortgage faster.  You essentially take out a HELOC to pay off your first lien, and then use that account to direct deposit your pa...

how are people able to buy so many houses so quickly? My boyfriend is buying a house (duplex) and I am also buying a duplex( we will be living in mine). Are are you able to save for federal tax on rental income, money...

I have a bought some properties on Hubzu, and as many of you have stated, you have to be patient to get a good deal.
After over a year watching and dealing with them, I can still not figure out their business model. W...

Just wanted to
Share what we are doing with our kids. We have 4 little chitlens ( ages 5,8,9,13) and we are always trying to teach them about money.
Monopoly and cashflow for kids are the games we play around here.
...

I'm sure many of you have been here. YOU are getting into real estate investing and are very passionate about it. You become so passionate about it, you talk about it a LOT. You want your spouse to be passionate about...

Hello BP,I'm considering refinancing my rental properties and was curious if anyone had any input on the situation...I own a vacation rental free and clear which is worth about $500k and brings in roughly $10k a month...

1) Not keeping enough reserves. Big expense hits and owner cannot handle it

2) Fix/flip - unforseen repair needed. Too many deals go bad.

I'm curious to hear how RE empires go down during recessions.

Hi All! My wife and I are anxiously waiting for our SFH rental property to close mid-Sept. We've had this property for over ten years and plan to take the equity (via 1031 exchange) and invest into a larger project(s)...