Hi Guys,I've bought about 90 houses since 2010, but never yet at Auction.  Looking at buying there due to competition on MLS and direct mail.Have done a lot of research on this already, but what I'm told is in MD they...

Along with creating an LLC entity and creating a "Certificate of Organization", you need to have an "Operating Agreement".Attached below is a redacted copy.  Virtually anything can be written in to this agreement.  Wh...

I just came from my CPA's office where I was informed that there was a $25k loss limit for write-offs for a rental property. I Have spent the past year and $70k repairing and remodeling a 4-plex I bought in Jan 2016. ...

We had a homeowners insurance claim, insurance only partly paid the contractor and deemed them over charging and not following industry standards. The contractor put a lien on this property for a dollar amount over th...

Last week I was happy to receive an accepted offer on a triplex in the city I live/work.
Yet, this morning I received grim news that even my last option for financing - a local credit union - wouldn't be able to fin...

Hello, BP Community, I've been watching a probate property in LA that requires court confirmation and has finally been assigned a court date.  I'm considering attending the hearing and submitting an overbid in court, ...

 I am trying to create good policies for Screening Applicants -  NO CRIMINAL HISTORY- may be too strict-  It is hard to decide and I would like hear what is your experience or input:1) speed tickets- how many infracti...

Hi, let me start by mentioning that I'm very new to real estate investing, and have yet to purchase a property. As a veteran, I had planned on using the VA home loan guarantee to enter the world of real estate one pro...

If someone files an extension and has a single member LLC (SMLLC), is the LLC’s extension due date 9/15 (or 9/16 this year) or 10/15?Even though in most cases it’s a disregarded entity for tax purposes, in Kentucky we...

Are there any software platforms out there that allow multiple tenants for a single property (think college kids apartment sharing) to pay separately.  If you are a landlord or have had experience in this arena, can y...