I started an LLC in 2021, purchased a distressed house and am rehabbing it. I haven't sold it, so no revenue is coming, just a bunch of money going from personal to LLC, then out of LLC to the house. Do I need to file...

Please help us on this deal!  We have an offer in for $197K right now, waiting to hear back. Asking price is $218K.  Calculator is based off of the asking price.This is in Texas, where the property taxes are stupid h...

Hi All, We're considering our first private loan and have calculated our costs based on an initial conversation with the investor. Our question is, from initial agreement through closing, what costs may we incur outsi...

I have a tax-related question. I acquired an additional property in October last year and incurred rehab costs in the last two months. Since it’s not my first property, I think I can deduct operating costs on Schedule...

I'm too weeks from closing on a four family house in Delaware county PA (my first property) and my attorney and my agent have conflicting schedules on closing day. I am aware some states require you have an attorney p...

Hello all, question for those of you who are purchasing multifamily properties!

What are some of the biggest fees you incur during the due diligence period?

Besides attorney fees, appraisal. I am just trying to und...

Hello all, question for those of you who are purchasing multifamily properties!

What are some of the biggest fees you incur during the due diligence period?

Besides attorney fees, appraisal. I am just trying to und...

Hi all. I need some help. I have a condo that is payed off and I want to take out a home equity loan to use as a down payment on my first investment property. The property appraiser's website says my condo's "Just/Mar...

Hi BP,How do you property managers handle renter's insurance?  Do you manage the policy and charge the tenant?  Do you just put in a clause for it and hope for the best after the first verification?  What are my optio...

I am working with a great architect on my first new development project (who I found on Bigger Pockets). We met with the city twice for 'preliminary plan check' and are now going through the formal plan check process....