Here's the scenario. 5-unit house listed for $180,000. Cashflows nicely at that price, even at $200,000. Don't have the capital to put down 20% on your typical commercial mortgage, and the seller doesn't want to hold ...

We wholesale in Arkansas now but wish to help our son get started in Florida. Can anyone please give us advice on the legal set up and the practicality of doing business around Melbourne?

My mother-in-law has a commercial retail rental property that is part of an association. The property is currently in her name and she has no encumbrances on the property. I suggested that she do something to either l...

I'm 20 years old and need a place to live. I have the means to buy a decent condo in a safe place for about 105k. I will be leasing out one of the 2 bedrooms to another person, likely a college student at the near by ...

So I bought a duplex, I will live in one unit. However, the 2nd unit was signed with former owner, and the tenants don't move in until this May. Do I need the tenants to sign a new agreement with me? I've talked with ...

I just sold my condo in Illinois.I had issues with the HOA while I was living there because they were secretive about things.They did not submit any newsletters or emails to keep condo owners up-to-date on what was go...

Hello BP vets!I'm just getting started and I'm looking for referrals for a quality real estate minded CPA and lawyer. I'm located in the Indianapolis market, but travel a lot so I'm open to professionals in other mar...

I have an all-star tenant that I wanted to keep. Let's call him Mike. Mike wants to re-new the lease for one more year, but one of his roommates graduated and is moving out. In order for Mike to stay, he recruits his ...

Hello fellow BP'ers, does anyone here have direct experience in converting a Basement of a 2 flat into a Legal Apartment? In the condo boom I noticed a lot of basements being converted into condo's so I would imagine ...

Hi, everyone. I'm a newby at this investing thing and have found a property that I want to buy for a rental. Should I form a LLC (or other entity) prior to the first investment purchase? Any guidance would be greatly ...