If you bought an REO property (to be used as a rental) that needed substantial repairs and the market value is higher than what you paid for it, how do you determine the basis for federal taxes?

I have been told vari...

Is the game of getting good deals in Real Estate just a "good old boys club" as they say? Is it hard for the avg joe to get the good deals? Any comments on this topic would be great.

Hello BP!I'm a 27 year old real estate investor. I graduated with a bachelors degree in Biology in 2009 and upon receiving my first "real" job, was offered to contribute to a retirement plan. I turned it down because ...

I am getting ready to start a direct mail campaign in my area. I have a list of 500 homeowners that are 3+ years behind on taxes and are either on a payment plan or a D.O.O.E (Distressed Owner/Occupant Extension. I am...

Hi,I am about to start building a small cabin next to my house. I already have done all my homework (unrestricted zoning, no hoa/poa, no deed restrictions..Etc). I have gotten my septic permit, the septic system is in...

Recently I was contacted by a person in regards to one of my listings for sale. He said he is talking to someone else about the home and asked me if we also have it listed for rent with someone else. Because of my pre...

I live In New york and I'm looking to start my REI via househack. Being that this is all New to me, the one thing that worries me is landlording. Having the emergency funds for random repairs and so on is my biggest ...

I have a single family home with tenants and lease is expiring April 30.The tenants are planning to move out.  I am not sure if they have found a new place yet.They paid first, last and security, so rent for April is ...

Hi everyone!I've been trying to get started as a real estate investor so I can create financial freedom for my both my wife and me.I work full time in sales that mostly takes place in Houston, Texas which I've heard i...

Long time reader.  First time poster. In the next year or so I plan to move myself, my wife and our now 2 year old into and RV and travel the country full time for at least the following 3-5 years. I am currently 33 y...