Hello BP Community, it's been awhile since I've last posted or have had downtime lately. Over the last several years I've been in a heavy cycle of acquiring and building rental portfolio, flipping, contracting, and be...

Hey guys, I have a fix and flip deal I am working on and I’m torn as to if I should replace the A/C. It is fully functioning but is very old.

Hello All,I may be selling a triplex in a few months that has an FHA loan attached to it.  Note this FHA loan was originated before the June 2013 change that makes PMI last the life of the loan.  Instead, since it was...

I am new to real estate and rentals. I bought a duplex last year in July and it's rented out now. I am wanting to know about LLC and trusts. I was wanting to make an LLC, but someone who is a landlord here said to jus...

Hi all,I'm relatively new to REI and extremely new to business entities.  I took the advice of so many others and sat down with a tax advisor and attorney.  I'd like to put the protections in place now to shield curre...

I have a tenant who lives in a walk-out basement unit in central IL.  She rarely runs her heat and hasn't used the A/C once in the two years she's lived there since being sunken into the earth keeps the unit fairly co...

Hello BP! My name is Mark and I live in beautiful Oklahoma City (GO Thunder!). Primarily a commercial property investor, but recently got into residential properties with 2 sfh rentals.I'm negotiating with an owner of...

Hello recently my great aunt passed about a month ago and now I wanna subject 2 it just to keep it in the family and to own my first house. My question is who would inherit the house? My aunt wasn't Married or didn't ...

First BP post here, this is a great resource! I currently have an LLC established for non-real estate related side gigs. The operating agreement is such that it can perform anything under the sun that is 'legal' and w...

Hello, question... When you purchase a property is it purchased as an LLC  or stated another way , is each property its own LLC? Also, When you're acuring a deal, as a flip, do you acquire all under your S corp compan...