Recourse and non-recourse loans are two types of financing agreements that differ primarily in the lender's ability to seek repayment beyond the collateral.
Recourse Loan: In a recourse loan, the borrower is personal...

I run a family owned general contractor business (custom homes). However, I am not a registered principal of the company (s-Corp). My mom and dad are the two registered principals as they started the company 30+ years...

I was having a conversation with a fine lady who I've known for many years and when the topic of HOAs cropped up, she actually swore! I'd never heard that from her before.

Is there anything positive to be s...

Western Washington has had more than it's share of rain this winter. Seven inches this month alone. One of my properties has a full basement with cinder block foundation walls framed out with sheetrock. The lower h...

Good morning all:)I am looking for someone who might be able to advise with respect to my current situation. I own two properties that I purchased during the time I was married and received as part of the divorce sett...

Hey BP!I am in a dilemma and looking forward to hearing your feedback. I am entertaining the thought of selling or cash-out refinancing some of my rental properties. Initially, my plan was to reinvest the proceeds int...

For a restaurant buildout in your own property, what type of insurance do you need from contractors that will protect you? What if some contractors did work without the proper insurance, how to protect from future law...

Hi everyone, Im just looking for some advice on this deal before i make a decision. 3 Bed, 2 bath home, fair condition with tenants ( 7 years) owner lives in CA. asking price 30,000, ARV = 50,000. Does any one think i...

I've searched the forums and haven't found any discussions that address a couple questions I have about calculating cost basis of a rental property.1) I know that to determine cost basis, you need to multiply the purc...