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...

Hi BP Community,
When do you start your leases? I never though it really mattered but have heard some people make the claim that you should always start them on the first of the month.
Does anyone subscribe to this ...

Hello,
I am keen on making real estate investing my career. I have dont have much knowledge about real estate. My problem is that I really don't know what should be my niche. Even if I start looking for a mentor I am...

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...

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. ...

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...

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...

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...

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...