All,I'm a new investor who has decided on an area and has a good team in place.  My initial investment will be a buy-and-hold SFH for long-term rental. I wish to be legally shielded from day of purchase, but in order ...

Hi guys,I finally have my first rental property under contract. As long as the inspection goes good on Monday I will have my first rental property. I'm so excited.Questions:1. When should I start setting up LLC to put...

Seems like prop 19 has passed in California. What's the best strategy with this new law, that will reassess rental property taxes to fair market value, if passed to your heirs. Since the law does not take into effect...

I'm exploring my options to roll over a 401k from an old employer and want to make sure I am understanding the basics here. I realize that I'll need more specific and detailed advice from my own advisor, but the exper...

Hi BP!,I'm buying my first duplex and am learning a lot as I go (despite all my prior research)! This particular property is a Short Sale in Cincinnati, OH and has about $2k (1 years' worth) of past due taxes on it.My...

Hello,I had two properties under my name that I transferred to an LLC where I own 20% interest. This is screwing my DTI when trying to purchase a new home as my homestead because all the debt is in my personal report ...

Hello everybody,

Just starting out on BP and starting to lay some groundwork internally to enter REI. That being said, my primary mission right now is saving capital, increasing liquidity and lowering personal overh...

Hello all, thanks for the help in advance.  I'm trying to compute future property tax for Philadelphia properties.  I've researched the internet to include the Philadelphia tax site.  My research turns up two things t...

Hello BP community,

I am in talks with a potential buyer on what may be my first deal and am wondering exactly how to work this out.

Deal specifics
-$2000.00 down payment (which I would collect as...

I purchased a home 8 months ago before learning about bigger pockets, this home was going into foreclosure for back taxes . The owner at the time approached me and offer that I put it under my name and take over the p...