Common sense, along with my own research, would tell you that a hotel is a more profitable investment than an apartment complex. They are basically the same building, except that hotels charge a higher rate and the gu...

I live in Rockford Illinois and I plan on purchasing a property and renting out a couple of the bedrooms with a short lease and contract. I'm having a difficult time finding the correct information online regarding th...

Hey BP,I'm finally doing my first flip. I started off with two out-of-state SFH university rentals to get my toe in the water. Now, I found a hell of a deal in a hot market, and its just about closing time. The projec...

Hi BP Gurus / Seniors,
I am new to the REI and placed an offer for my first multi-unit property.
Here are the details.
Area: Near by Shabbona Park, Dunning
Number of Units: Legal 3
Built: 1950
Price: $455,000 ($...

I’m looking at a property on Zillow, the asking price is 158,999. However when I looked at the tax assessment on there for the property it listed as being assessed for 59,000. The property has been gutted down to the ...

Wondering if anyone has been in this situation and can shed some light on this scenario:
Term is 2 years.
The upfront amount for the option contract is $10,000.
Monthly rent is $3000 which is about $300 above fair ...

Hi All!  Need some guidance here as I am getting a little out of state first time anxiety buying fears.  During covid, I have been doing research, interviewing property mgmt companies, talking to banks, and doing visi...

Hello.I only have 20k saved up so far and have an income of about 4k/month after taxes/expenses.I am around Los Angeles, CA and all the housing prices here are riduclously high. A 2 bd condo goes for 400-450k (and ren...

I've recently got a Triplex property under contract and I used the BP calculator. I think the numbers are good but I need other opinion. Thanks in advance!!!
Here are the numbers: 1920 house
ARV- 150000
Purchase Price...

Hi,  I'm a real estate broker from Tucson, Az and I'm just about to close on my first flip deal which happens to be a short sale.  I made my offer on this 3 bed 2 bath townhome in Tucson, Az back in August and it's on...