Hello BP Readers,

I have been involved in the RE field now for 2.5 years. After purchasing 10+ out of state properties with all cash in the $50-100K range, i ran out of funds. I then obtained $500K LOC (Line of Credi...

The following examples of mortgage and real estate fraud investigations are written from public record documents on file in the court records in the judicial district in which the cases were prosecuted.

Defen...

I’m under contract to purchase my first storage facility.It’s an out of state deal, though just a few hour drive away.I’m thinking through all I’ll need to keep in mind and want to consider prior to closing. This faci...

I have a scenario where the tenants experienced financial difficultly in July and were unable, they claim, to pay Aug rent, due on the 1st.  They also noted via email there intention to move via a 30 day notice.  Howe...

I am new to the real estate investing field. I attended a seminar and am really glad I have discovered this website! I'd like to focus on Baltimore County(essex, dundalk, middle river, parkville, rosedale, etc) multi-...

I keep reading advice to talk to a lawyer or have a lawyer do certain things for you to make sure everything is good (ie for forming your LLC, and other real estate transactions).However, I have this notion that lawye...

Hello,I have a property under contract and decided to raise private money to fund this deal. I found an interested investor and we agreed on terms. Loan will be secured by deed, no points, monthly payments deffered un...

Another one bites the dust! We closed yesterday and have officially sold off our 2nd baby, aka our 2nd flip. This project wasn’t nearly as extensive as our 1st, but it was very fulfilling and still learned a ton. This...

If my single-member LLC bought a property in 2014, but was not placed up for rental until 2015; so there is no income or expenses (other than capitalized expenses).  Do I need to add the property on my Schedule E?  It...