I have recently entered the real estate industry, I have so many questions! I would like to start out by saying I have very little capital. Although my capital is growing, my position puts me aimed towards the creativ...

While driving from work I passed by a lot with a run down farage on it that had a sign that read “lot for sale by owner”. Should I seek interest in this lot or is it different because it’s a “lot”? I’m a new investor ...

Hello BP,

I'm new to investing and know that typically one would use the 70% rule to analyze a property . I trying to get a better understanding on why not using this format would mess up a deal. If a property is li...

Hello, I am interested in buying a small single family house in a decent neighborhood (average median house price around 450k), but the seller would want to sell the land (50x100) next to it together for an extra 100k...

Does anyone have any advice on what lenders prefer to see in a schedule e ?Do too many write-offs look bad?Is all they want to see is income?Are there any other documents or pursuasion to provide to lenders to show go...

Hey BP Family! I took the plunge and bought Quickbooks Desktop. Super overwhelmed and not sure where to begin. Does anyone have a tutorial they would recommend? Currently I have 4 rental properties (3 SFH and 1 4plex)...

Ok, so I'm a bit confused on the rule of thumb is for analyzing a flip. Is it 70%-75% of ARV minus repairs? I've come across a property that is preforeclosure at 255k. (Listed)ARV is ~ 315kRepairs ~ 40kThat leaves me ...

Hi all, I’d like to give a brief introduction(skip if you want). I’m 25 years old and early in a tech career. I grew up with a realtor for a mother, but she’s not too well informed on new construction. As it stands to...

Hey bigger pockets community, I need some advice as a newbie.
I have three properties available for purchase all in the same area:
1) Four-plex (4 x 2/1) $225K, rent is $2400 per month, CoC 16%
2) Duplex (3/2 and 2...

My wife and I are currently under contract to sell a rental we have for $161k, our cash out of the deal will be $80k. We understand that we have to purchase at least $161k worth of replacement property and the entire ...