to do a one house flip. Three of us are wanting to put = amount of money to buy and rehab a house then flip it. Profit to be split evenly. We are paying cash no loans. LLC seems cumbersome, cpa says it has to be regis...

Hey everyone!,

I am from CT here and have been looking around at some Bank REO's using this website. I have found a few that are priced really cheap like 15-40k for some multifamilies. The neighborhoods are rough as ...

I was wondering how successful wholesalers, particularly in CA, are determining offers on bank owned fixers. The "70% of the repaired value minus repairs" formula seems to be not applicable in my market. The banks re...

As one of our initial investments, we want to buy a vacation home (probably a condo, maybe a house) in Galveston, Texas. We live a couple hours away so could theoretically use this to vacation ouselves when it's not r...

Hey everyone!  I want to share the position I am in with you all to get a good idea of what your advice/opinions on the matter are.  Currently, I have a job paying in the low $20's/year and I love it, however it is a ...

I’m tired of hearing you “why are thinking about a fourplex, why aren’t you shifting to thinking about a 100 unit complex??”My wife and I just recently bought our first live in flip and renting our old house, with pla...

Could anyone please suggest best ways to minimizing the amount of taxes you pay for properties you buy, rehab and flip for profit in a short couple of months period?

One scenario would be I use my own cash to buy and...

Hello fellow investors,

I have an opportunity to purchase a large, 100+ unit mobile home park. The 28 acres it sits on is highly valuable land, the park is dilapidated, and the owners are behind on taxes. The...

Hello BP community,
I am seeking some advice when it comes to accounting of my DIY shopping habits.
Over the past few years I have been shopping at Home Depot with my personal credit card(2X cash back on all purchas...

Hi, my tenant want to build a shed on one side of the duplex. I won’t need to put any money towards it, they are needing it because the unit doesn’t provide much space for storage. Should I let them build a shed for t...