Hello BP Friends! I'm ready to look at starting an LLC for my properties, but I've heard mixed advice about their necessity and benefits. I would be starting the LLC as a disregarded entity and reporting my profit/los...

Do you have a college degree? If so, in what field?
Has that helped you in your real estate investing? Or do you think you could have done with out it?
I am a firm believer that our path in life has lead us where we...

My wife, @Sara Hodge, and I have been on BP for around 6 months now.  We own our primary residence in Orange County, California, but due to the high prices, we decided to invest out of state.  We now own two rentals (...

I have a contractor that would like to partner with me on a few flips. I would be the money guy and he would handle all the renovations (manage subs, etc)

What would be a good split?

Before I start this discussion, I wanted to post the link to the Article with the title "Population migration patterns: US cities Americans are abandoning" but don't go to the link YET. Wait until you read this post f...

Hello all, 
I'm a 33 year old teacher from New York and I would love your help. I'm single with no kids at the moment. I currently live with my dad and I'd like to move out. My plan was to buy a 2 family home, live i...

Guys and Gals,My first wrap hit a problem - HUD apparently doesn't allow wraps of FHA mortgages. I have a buyer ready and willing, but he insists on only doing an owner financed transaction.Here's the skinny: I have a...

I have a townhouse condo that I have owned for 11 years. It was my primary residence until I moved out of state 4 years ago. For the past 4 years, it has been a rental property that has served me well on a cash flow b...

Voila, the direction of this post is summarized in the title. This post is not asking a specific question. Rather, it aims at exposing my current situation which may be familiar to many newcomers.I wasn't too sure whe...