Hi BP,I am curious, what are the drawbacks of purchasing notes from out of state and the tax implications? 

Since I get almost daily messages regarding small multi-family opportunities in Charlotte and find myself repeating much of the same information on the phone during intro calls, I figured I would go ahead and put my e...

We have a drain field on 60 year old home that is "failing".  Everyone's solution is "get a new one" - wow..genius.  Anyway, any other ideas?  House for 60 years didn't have a drain field problem.  In advance, ANY ide...

I have some new investors looking at options and I recently read this article in Crain's about Sam Zell and his experience and vision of the future of Mobile Homes and thought I would look to the BP community to get y...

Hi, my name is Tariq Hakeem. I live in Denver Colorado, I have been studying and reading RE books for 9.5 months, any pointers on best ways to get skin in the game. I have read about the BRRRR process and it is very i...

CONSUMER FINANCIAL PROTECTION BUREAU EXPANDS FORECLOSURE PROTECTIONSUpdated Servicing Rule Provides Surviving Family Members and Other Homeowners with Same Protections as Original BorrowersWashington, D.C. – The Consu...

Hi! On occasion I rent to tenants with pets if all the other boxes are checked. Not sure if I need to increase the fees. What do you charge?Currently I charge a $300 non-refundable pet fee and $50/mo per pet. I think ...

I just gave a tenant a 30-day notice to vacate.  Actually the 30 days starts on 09/01, but as a courtesy, I told her the clock would start on the 1st, so I basically have her a couple extra weeks to make arrangements....

Ok, so I live in Louisville, KY. I currently have two sfr’s and was actively looking for my next purchase to pull the trigger on. Louisville Metro (Jefferson County in KY) is now in the works of passing a fairness o...

BP, I've got my first tenant moving out at the end of the month and I've already begun advertising the vacancy for August 1st. I've received in under 24 hours 3 inquiries and requests to view the property. I need advi...