Hello BPs,I thought I should update everyone on my journey. I finally purchased my first investment property in Philadelphia. The costs wasn’t too bad during the process and it went pretty good for my second go around...

Hi allI'm sure I'm not the first person to deal with this issue and hoping for some advice from all the great experience on BP. I'm a SFR buy and hold investor who is very remote from my properties and so I retain a p...

Hey, just checking in with my fellow real estate investors! If your Accountant has not done an Engineering-based Cost Segregation study on your investment property rentals, you may want to look into having one done. I...

I have a unit listed for rent in Chicago and I've received several highly suspect or fraudulent applications. Evidence indicating fraudulent applications includes:
-mailing addresses that don't match applicant's empl...

Hi All,I am researching the time requirements between purchasing primary residences. I was told over the phone by a local lender in CO that I would be able to buy another home as a primary residence. My wife and I bou...

Hello BP'ers, I read an article by Alan Cowgill about how if you're gonna use a private lender for your project, you need a disclosure statement..He said in the disclosure you have to put that there's a risk invol...

I'm about to buy a property that is a short sale. My question is that I'm still debating whether or not to buy and hold or to flip the home. I already have the math figured out on both ideas, but my question is...

Property Management software has been discussed often in the threads, but I found the follow-ups on which software was selected to be most instructive.My goal is to further systematize in 2015.  Overall, I am responsi...

Hello BP,I notified a potential new tenant about deciding to go with her and asked when we can meet so she can give me the security deposit and sign the form. She said she can't do that until I email her a copy of the...

First, here is some background on this deal. My wife and I are new investors located in Houston.  This is the second home that we have rehabbed.  I thought we made every mistake in the book on the first house, but aft...