Hi All,I wanted to lay out a deal I am looking at and get others opinions on quality of the deal and of options to finance considering the assumed mortgage.Asking Price: $1,425,000Mtg to be assumed: $720,000; 4.68%; 5...

I have the following situation. I have two properties, each in their own LLC. If I have an expense that's only related to one property, say a utility bill, than I can expense it under that LLC. However, sometimes I ha...

I was wondering if I could get some input regarding a situation I just encountered.  At the 4plex I closed on about a week ago, I inherited 4 tenants.  Only 1 of the tenants is on a one year lease that runs for anothe...

Hello BP Community,
I have a question regarding my triplex in Ocala, FL. The property needs a new roof, a new parking lot, and a few other minor improvements to enhance its performance. While I have sufficient liquid...

I was wondering if anyone can give advice on getting their spouse on board? I am a newbie looking to buy my first rental property in 2018. My husband says he trusts me and supports me (knowing that I am the financia...

Do I need to file a tax return for a partnership LLC with no business activity? I’ve heard of a “No/Zero Activity Tax Return” but I want to get some clarification. Much appreciated!

I'm having trouble following all the rules of the game.  I want to buy a rental house with a convention 30 yr fixed...but secondary markets don't want to lend to an LLC?  but if I want to have the rent house in my nam...

Hi Everyone,
I'm having some trouble mapping out my plan and would appreciate any assistance I can get. My goal is to purchase a 2-4plex, to house hack and take advantage of a loan down payment loan. In addition, I w...

I located a property that has a note for 140K. The note holder, an out of state financial company is eager to sell. The house was condemned by the city. The judge has given until March 28 to begin repairs or the house...

I chatted with someone who talked about how they moved the title from them to their LLC, and while reading about some of the options, I was curious if anyone here has done it. I looked at the warranty deed vs quitclai...