Hello, I am a new investor in north Phoenix and I'm in the process of buying my first deal. I've already spoken to a broker, cpa, and various agents, and mostly finalized my business plan. My question revolves around ...

Hi BP,I own 2 rentals (one outright, the second is mortgaged) and am looking to buy two more this year. I found 2 great deals but I’m going to use private money from a friend. Do I need a lawyer to write up the terms?...

If you use rentometer and various apartment searches and believe that a unit should rent for, say, $650, and your real estate agent estimates that it should rent for $600, that's not a big deal. The different isn't th...

Hello All,Can someone help me understand a particular term, Bad debt.   In addition, what is means to see increased "Bad Debt" at this time, both in general and in quantitative terms.  If this value (Bad Debt) does ch...

I am new here so please let me know if I've left something important out.
I am looking at a 3 family in Framingham MA that is listed for 410K. First and second floors are in good shape and already rented at $1500 eac...

Ive got roughly 100k equity in my rental property. I want to get into commercial, with hopes of getting more cash flow and longer leases. Im not sure if its smartest to pull the equity using a line of credit, or selli...

Just getting started in REI and ultimately looking to utilize the brrrr method to acquire and rent properties.However, I have a property down the street that I have had my eye on for a while. It’s vacant and distresse...

Hello all! I am a 23 year old male living in Massachusetts turning a new leaf in life and immersing myself in real estate investing. I have no experience but have been absorbing as much knowledge as possible and would...

Here’s a predicament. My grandma passed away recently, and left her house. Her house is in theory getting sold by my dad and his brother who has 50/50 in it. The house is in Phoenix Arizona and averages out at 220k an...

Hey all,

A relative of mine has asked me to advice them on the concept of house flipping -- buying derelict properties, renovating them completely, making them a home, and then selling them for a fantastic profit. I'...