Hi Everybody, I'm getting my business plan together to start my investing career.  I know there are advantages to holding properties in an LLC.  I already have a single-member LLC for a small ecommerce business that I...

Renter is breaking lease 5 months early.   They want us to pay half of the realtor fees to list/show our rental property when they move in 2 months.   We have declined to pay anything for this service.   What we think...

Hi everyone,I was wondering about buying on online auction.  Does anyone have any experience and willing to share any words of wisdom?

I've read/heard that doing a cash out refinance post 1031 exchange can allow you to tap equity tax free. But does it really?It seems you can also not deduct the interest expense tied to the cash you just took out, UNL...

Hey allI just got off a call with a mortgage Broker. They told me it is pretty common practice to purchase a house as your primary residence with 3% or 5% down, wait the required year (I guess specifically for FHA, US...

I have a distressed homeowner who is interested in selling his home to me as a shortsale. He is way upside down on his mortgage and has experienced financial hardship. (Lost job.) Yet he does not live in the residence...

I've created a Spreadsheet that I intend to use to evaluate multifamily rental property. It is viewable at the following link (google sheets). https://docs.google.com/spreadsheets/d/1Vd2_kvyhIU...I wanted to get opini...

Hi all,I recently purchased my first 2 single family homes as rental properties and have a few tax questions. I purchased new appliances, new waterheaters, and new floating floors, as well as fresh paint throughout th...

Hi there. The Service members Civil relief act states that for Service-members and their Spouses,  interest rates for mortgages are to be capped at 6%. Does anyone know if this applies to investment properties? If so,...

Hello BP Community, I’m looking for some advice on how to fairly combine a personal asset with a joint owned LLC. Sorry if this is lengthy I just want to make sure I adequately describe the circumstances.
First a lit...