I keep reading people here saying  "Your rental properties are a business" as a precursor to  some inflexible dogma about sticking to the letter of agreements and pursuance of remedies for breaches. Let me point out ...

I have a rental property in Mississippi an I charge $50 dollars late fee with an additional $10 dollars late fee every day after the 5th of each month. My question is what is a good price to charge for late fee an wha...

Hi BP!I'm looking for advice on how to begin analyzing a land deal with a possible timber harvest. There are three separate, adjoining parcels for sale, totaling 303 acres in northern WA state for $2,500 an acre. The ...

This is a stupid question but do you count things like cars, jewelry, watches, etc. towards net worth

Dear BP family, I have a difficult decision to make and would like your opinion.Decision: I'm looking to move to Pasadena, CA in June. Should I buy or should I rent?Background:I love Pasadena! I regretted moving away ...

I have heard of the technique of avoiding potential FC problems by having a borrower essential pre-sign a Deed in Lieu which basically says, if the loan defaults this Deed in Lieu becomes enforceable.

Sounds too good...

I'm trying to break the paralysis of analysis. I've done one bad deal.

I see REI as the only viable way to accumulate wealth for my family's circumstances.

1. The following is in outline form so that I don’t worr...

Hi,I have potential tenants (husband and wife) interested in renting out my 3 bedrooms home who will use one bedroom as their primary residence and rent out other rooms through Airbnb in Los Angeles. They sent me thei...

Hi friends. I am in the initial stages of finding my first investment property and I am kind of torn between flipping or BRRRRing. Listening to the podcast and reading the blogs, it seems that seasoned investors may e...

I own three single family rentals in Bend, Oregon that all cash flow pretty well and have good equity positions.  Bought in 2010, 2012 and 2013.  I now live in Denver but have strong convictions about growth in Bend. ...