Well, I would have liked my first "I just bought a rental property" post to be a bit more of a brag, but it isn't! I bought an apparently nicely cash flowing property (better than the 2% rule) in a flood zone in the b...

My client, let's call him Paul, was not happy to owe the IRS $100k - the tax penalty of having a successful flipping/wholesaling operation. So, based on his buddy's advice (sounds familiar?), he ordered a cost segrega...

One of my client's asked me if I had to choose a portfolio between one 15-unit apartment or five single family homes, which would I choose? If all numbers were equal (purchase price, repairs, cash flow, expenses, etc)...

I composed an offer letter for my real estate agent to send out and it included pictures of my wife and our new baby. 
After sending out 10 offer letters, I found out she hasn't been including our photos. When I aske...

Federal policy makers want to keep you from buying and profiting from openly traded non-performing notes (NPN). The bias is against private investors who purchase 1st and 2nd mortgages of delinquent homeowners in favo...

My name is Shelby Williams, I am 23 and I'm from the town of North Bend which is about an hour outside of Seattle Wa. I am a recent college graduate with a B.S. in Construction Management from Central Washington Unive...

Hello BP,I’ve been a long time reader but have been hesitant to post. I am in the navy and have recently moved to San Diego. After working with Navy federal credit union, I was able to get approved for ~600k(1-2 unit ...

Hi everybody,Newbie here, looking to buy my first property. I'm not totally green to the life of a landlord, as I have managed my dad's 4plex property since I was a teenager. However, he bought in the 90s, in a nice p...

I've heard time and time again that value add multi-families are one of the best vehicles to build wealth. Look for properties with tired landlords who are losing money if possible. How are you valuing a property with...

I’ve come across a off market 12 unit apartment, for sale by owner. Sale price 660K. Current rent is 575/unit= 6,900/ month. Local market supports 625/month. Expenses are approximately 1,700/month. My question wh...