I received a question about profitabilty of being a PM. I thought about it. I've had PMs at times 10% of rents. I'm thinking around here average rents are probably $500, that's $50 bucks plus first months rent.

$110...

Good morning,Earlier this year I decided that I wanted to buy my first place. I met with a family friend who is a realtor and he started to show us homes. For one reason or another, we didn't go with any of the homes ...

I am reading the book now and it is lots of fun. I have no experience in mobile homes whatsoever and really wonder:
- Are there still Lonnie deals out there?
- when he talks about buying single wides for $2,000-3,000 ...

My cousin is trying to sell his house without using an agent (For Sale By Owner, FSBO).  He called me a couple days ago saying that he received a verbal offer from buyers using an agent.  He was frustrated because his...

Hello BP Investors! I have been in this crazy market since last summer seeking my first multifamily to house hack in the St. Louis, MO area. I’ve put in more offers than I can count and have only gotten one contract (...

What is the tax treatment for the different income streams from Lease Options?  Is the Option fee self employment income (business income) when rec'd by a "future potential buyer"?  Can the monthly income be "rental i...

I have a deal which I structured owner financing in it, my plan is hold on to it and will either sell it at the end of the loan period or just keep it.

It is a SFR, ARV is ~ $450k, I am buying it at $461k. T...

Recently I purchased a 4 family multi in Providence, RI and I have been listening to Biggerpockets podcasts and reading people's stories like I am addicted. The property I purchased was at a good price because if the ...

I've looked at a variety of REI strategies to supplement my standard Down Payment/Finance/Buy & Hold approach -- from mobile homes to foreclosures to wholesaling -- and I'm now considering Subject To.

It's clear,...

So we are partnering with one of hubbies co-workers. He has the cash, but not the time, while we have the time, but not the cash. So he is willing to buy the property, and pay the downpayment and closing. But he...