Hello world! First post on BP. Be nice.First, a quick note about me. I'm a formerly-retired lawyer (UT-Knoxville law school) who is now practicing again primarily for the purpose of rebuilding an investment stash I lo...

I don’t see a clear answer to this on the forums.  I keep having bankers say “be careful with reporting losses on your taxes because it could make you unbankable.”  What does this mean?  How do you make sure that you ...

Hi; I'm a new investor who had the privilege of pitching my plan to a panel of experienced members at my local REIA club. They told me lease option deals weren't popular in California because you run into problems wit...

Out of curiosity, I decided tonight to search the "stats" of a local Realtor b/c I wondered how her list price stacks up against the final sales price. By way of a brief background, another investor has brought m...

I am evaluating a complex in a tertiary market with 8 residents who are delinquent in rent ranging from 55 days to 104 days. Current owner said he took it over in September from his partner and blamed poor renter vett...

One of our tenants is late with her rent. She paid 50% last month and has not paid this month. She asked me to use her a portion of her security deposit (1.5 months rent) to cover the half month rent for last month.  ...

Hello , bp

I'm a young man that lives in Central New jersey
who would love to get started in real estate investing I've been reading a few books and I'm starting to get the knowledge with out actually doing any act...

Hello all, I am not at the point where I am ready to pull any triggers but I am actively analyzing houses around my area. I decided I want to use an FHA loan and possibly house hack a duplex with it. My question is do...

Their business has been destroyed by inflationasked if they could use the deposit to cover rent for this month. What should I do next?  I want to be sensitive to their situation as the economy is bad and we’re all str...

I would like to hear others input on this matter. Do you believe being an investor is a either you have it or don't have it skill?