Hi all,I am a newbie investor living in CA and I am just about to close my first rental purchase in IL. But, my CPA told me that since I live in CA and the rent is coming from IL, the rental income will be double taxe...

Hi, I’m new to real estate investing. I plan on having my first property by next year.   Should I start a Wyoming Llc? Is it necessary? 

Hey everyone. So I am trying to determine if it's still legal to automatically reject lawyers and law students on that basis alone?  I am in Massachusetts. It's a new rental season and I like to brush up on my knowled...

I am considering using private lenders to invest in already owned property to pay off what is owed on a credit line used as the down payment. The credit line has about ten months before interest is charged and thus al...

I am a new investor in the Northern California area and I am working on putting together my “team” in preparation for my first deal. I keep hearing from many on the BP podcast that lawyers are a must. I also know lawy...

Hello let me start off saying I'm clueless when it comes to attorneys but I just hired a attorney about 3 months ago and gave him upfront 3000$ without signing any contract or anything I recently have been calling he'...

Hey everyone!

I just contacted a Real Estate lawyer that was recommended to me, but her hourly rate was $250 (and no minimum). For now, I just need someone to look over our tenant documents and make sure they're all ...

I'm currently negotiating a seller financed wrap around mortgage for 12 months on a property I intend to rent out.  Normally I would get a landlord's insurance policy on the property but in this case I'm concerned the...

I have a Land Contract Tenant that I am evicting due to non-payment. I posted the 3 day notice on his door on Friday 9/27 at 5pm. What's my next step to get him out?

Thanks!!

I finally read The E-Myth by Michael Gerber which comes up almost as often as the suggestion of Rich Dad, Poor Dad.  I must admit, this book qualifies as "best selling", but not "best written".  However, the idea of "...