Good morning BP, i wanted to know if anyone has used a fha 203k loan to flip a property. If so what was your experience like? How fast was the bank paying out for work needed? Any stories would be nice. thank you

Not looking to get political but I’m curious how others think, from a real estate perspective, how the new SAFE-T Act that goes into effect on January 1st in Illinois will effect real estate across the state especiall...

I was just curious if anyone else is buying retail space with laundromats. I'm a multi-laundromat and have greatly benefited from the cash flow laundromats can bring and the potential equity gains you can achieve by o...

I'm seeking clarification on activation of suspended passive losses upon sale of rental property. Let's use the scenario where my suspended PAL exceeds capital gains upon asset disposition.  Does the total suspended P...

New to BP, and have been doing a ton of research to see if a short term vacation rental is right for me. My goal is to buy a beach house for my family and use rental income to pay it off over time. I have been looking...

I am approaching retirement and I need to be careful about the influence of income on my SS benefits.  I have thought about starting to do some "hard money" loans on a short term basis for the right investors.  Intere...

My wife spotted a home less than a mile from our house when we decided to take a new route out of town to go have dinner for her birthday. She asked me today if I saw the house, boarded up and vacant. Of course me...n...

This one is a bit complicated, and I'm wondering if anyone can provide any advice...  I located a triplex recently that not only appeared to be lived in by a hoarder, but also seemed long-abandoned.  After doing some ...

Hello BP community! Newbie here, so go easy on me :) I live in Southern CA and own a home in which we have over 50% equity. At some point, me and my family would like to relocate to Hawaii ... most likely Oahu, for th...

I inherited tenants when I bought a duplex last Oct. One unit has three unrelated singles who share the rent equally, pay with one check and are all three on the lease. All was well until recently when one decided to ...