I have an offer in on a property that is currently a motel. The plan is to convert it into apartments, studio and 1 bed. In looking at Airbnb and VRBO there are clusters 20 miles north and south, but nothing local. It...

Hi BP! Hoping for a bit of advice. I want to convert the floors at my 2b/2.5b rental in Clayton to luxury vinyl planking. It currently has carpet everywhere with the exception of the bathrooms and kitchen (tile). A fe...

Hello Good People of BP!
I recently purchased a large two family home in New Britain CT. It is a rather large house (3700+ SF) that appears to have been originally built for a wealthy family in the early 1920s. It wa...

So we just closed on our first short sale, it wasn't as hard as everyone makes it sound our deal went pretty smooth actually😆. It's a nice home with a permitted back house and I already got my renters moving in.... 2 ...

Hi All,I have a rental property that I sold in 2018. I lived in the property for approximately 2 years, rented it approximately 1. My question is related to my adjusted basis on the home as this directly affects my re...

Hello, my wife and I are about 10 years from retirement from our full-time jobs.  Our real estate goal is buy-and-hold rentals to provide partial income replacement upon retirement.We currently live in a SFH with good...

Does anyone have suggestions as to which self-directed IRA to use for real estate transactions? I am looking to convert a old 401(k) account that has sat idle for some time into a self directed IRA to do short term (1...

Hi Folks,
I'm new to Chicago from San Diego, and trying to quickly wrap my brain around the investment market here. I'm specifically looking at the new ADU ordinance that goes live in May, 2021 and whether that reall...

We have a multi-family property that we bought in 2019(it's our primary residence) with a private lender(family) 2.74%. 3bdx1.5br(fully renovated), 2bdx1br, converted studio garage(not permitted but fully renovated). ...

BP Fam, please overwhelm me with your inputs. I'm looking to use my SOI, our 100+ agents in the office, lender network, and their connections to fundraise an upcoming purchase. Our team is fundraising either a full $4...