Hello BP!Long story short, I've hired a law firm to form a single member LLC for the sole purpose of investing in rental properties.  However, when electing to be taxed as a sole proprietor (IRS default for single mem...

Hello all,My property manager has found a qualified tenant but she has a cat. Initially, I have always been hesitant to the idea of pets in general just because you can never be sure how well the pet is taken care of....

My wife and I recently left our careers to pursue real estate investing. I'm a CPA, and she was a marketing manager. We first got the real estate itch when we bought our first house 2 years ago and turned our carport ...

Hey guys,

I will be moving up to the Mukilteo / Everett area for work in June, and frankly, the market up there is daunting. Prices are high and there seems to be slim pickings on the market for the duplex-fo...

Weekend Talking Points – ‘Sunshine’
for Saturday, April 6, 2024
Here’s my weekly briefing on all things real estate. Feel free to share: better-informed agents and LOs provide more valuable counsel to their Investor...

I am not totally sure if I am set in stone regarding this strategy in Las Vegas, however I did pinpoint this city and area as I frequently visit from California multiple times per year. I genuinely enjoy my time in La...

I am working on closing on a rental property in my old College town.My partners and I have a plan to buy a townhouse, and then work on buy all the townhouses in this complex over the next 15 years.We have plans on how...

Hello BP,
I am curious if anyone is using Property Management Software/Services to manage their properties remotely.
1. If yes, what software are you using?
2. How do you manage tenant turnover and how do you show ...

Hello all,I'm planning on bidding on a property at a foreclosure auction that has a primary mortgage of $216k and a second mortgage of $36k. I've seen mixed opinions about how the proceeds will be distributed and how ...

At the beginning of the pandemic, I remember seeing a lot of posts from people regarding an upcoming "tsunami" of foreclosures. Better be ready to take advantage of this opportunity!I had my doubts back then but, the ...