So the other day I was driving around while my son was napping, and happened on a really jacked up vacant property, all boarded up and overgrown, in a fairly nice neighborhood in Collin County Texas. Lot is fantastic,...

Furniture for Sale From Luxury LLC Corp. $1.

Sorry to tell all the cottage industry attorneys and gurus on BP that owning or vesting in a LLC no longer keeps your identity secret. It really never did. If you appl...

Hello BP! I'm interested in purchasing a property with multiple heirs. Currently, 44 heirs have been located and have agreed to sell their portion, BUT there are a few heirs that no one has been able to get in contact...

If my single-member LLC bought a property in 2014, but was not placed up for rental until 2015; so there is no income or expenses (other than capitalized expenses).  Do I need to add the property on my Schedule E?  It...

Hi BP, I'm being offered this note secured by a deed of trust for the following:Duplex:Side 1: 4x2Side 2: 2x1Sqft: 1,578Total beds 6, total baths 3Total Monthly rental income: $2,100Deal Details $290,000 Fair Market V...

Hi all, I recently bought a house near Scranton PA it is my first investment property. I live in the Jersey/NY area which is about 2 hours from Scranton. I am still looking for renters and I am wondering if it is nece...

Hello everyone, I'm from Michigan and I'm learning lease options. I've read Wendy Patton's Sandwich Lease Options book and I've seen multiple videos on YouTube including Chris Goff, Joe McCall, etc. But, having never ...

I guess the word "starting" is a bit misleading because...We have a SFH we have been renting out for several years. We have been overseas for 10 years and moving back in August (yay!) So I guess in a sense, we are "st...

My client will be selling her LA area rental house and plans to 1031 into another investment.  She wanted a vacation rental house within a couple hours drive, but in California, the cities are banning and severely res...

Borrower has now requested mediation. What should I expect with this?We have long been proponents of renegotiating the mortgage. But the delinquent property taxes are too high.Borrower's take-home pay is ~ $1,500 - $2...