Hey all!!  I am trying to analyze a few apartment complexes all around 24-36 units. My question(s) as you can see from above is "does the 1% rule apply when analyzing apartment buildings???" What are the main numbers ...

My husband and I just recently formed an LLC for a rental property we now own. The deed to the property is in the name of our LLC- with my husband and I being the 2 owners/members. My question revolves around utili...

I was just wondering if I was the only one that was having a hard time looking at a distressed property and actually visualizing the renovation or "make over" sort of speak. I think that maybe I just don't possess the...

I own a home (primary residence) in Corona, California and i am planning to buy another house in another expensive area (Irvine, CA) which is close to work place because i am spending 2 hours in traffic everyday.
My ...

Hi, I have an apartment in Virginia I used to live in before being relocated for my previous job to Miami. I now rent that place and lose about $150 a month.  I am 13yrs into my 30-year loan at a 6% rate.  I want to t...

Hi BP Community.  I have a potentially good deal in Bridgeport, CT however the property (may) require flood insurance.  I say "may" because the description of the property lists a price for flood insurance (which I su...

Investors continue to be a big percentage of home sales although overall home sales are rather low. Big investors started pulling back from the housing market late in 2013 and steadily into 2014. But even as that tr...

Hello everyone, I’m looking to purchase a condo unit in the Sacramento area CA. Would you recommend buying at the lower end in an area with section 8 renters and getting the rent guaranteed? Or spending nearly double ...

I'll try to be as succinct as possible.  I have a question on a couple of options on how to structure our first deal.We're buying our first property, a duplex, from a friend.  My friend must walk away, after everythin...

I recently saw the light on the whole payoff your mortgage with heloc method.   I'm not here to fight or start a heated discussion about that matter, but it does make me think about which I should payoff first - prima...