Hello BP! It’s been a while...I’ve been a landlord for close to 4 years now and I just ran into a unique situation at my four family property. Here’s the breakdown:- Tenant in Unit 1 has private access to the property...

I am about to close on my first property on October 30th!! (Thanks BP for the inspiration!) This is a duplex that I plan to house hack. I have to do some remodeling that will take about a month but I will be ready to ...

Hi All,

I recently purchased an investment property in California that i rent to my parent however i charge them less than the mortgage fee. It's $100 less than the monthly mortgage. I"m wondering if that wil...

Hi All,
I have a story with a few layers of issues and I'm interested in advice on how best to handle. To set the stage, I'm owner of a short-term rental property in the Poconos in PA and we use a property management...

First time poster...found this site today and have been GLUED to my computer all afternoon!
I am so confused about what I should do in my current situation. I own three houses free and clear in Florida but have been r...

Here is something interesting.  Perhaps, relying on the credit reports may not be a great tool after all. time.com/4288093/john-oliver-credit-reports-last-week-tonight/?xid=time_socialflow_facebookJohn Oliver makes a ...

I keep hearing about having a LLC when talking to lenders I need to use hard money to get started what is a llc and how do I find out any help would be appreciated thanks

Hello BP,If I am considering renting my house out and moving into another home.  Should I get an LLC? Whats your thoughts on why or why not? If not now then when should I? It would be the first rent home in my portfol...

I have a motivated seller that has little equity in her home but I'm wondering what would be the best way to explain the type of deal I think would be best, a subject to existing financing. She doesn't want to be resp...

Suppose you have an LLC that has as it purpose to own a vacation property, where one member is the main investor and one member is the main user and partial investor? The "user" member will both rent out the property ...