Hey BP community!I'm working to get the paperwork ready for my first rental property in Michigan. BP has a lease agreement package that looks very solid. I'm planning on going through the lease agreement in detail and...

Trying to determine which fee service is more user friendly and more powerful for someone trying to acquire their first investment property for short term rentals. Thanks in advance!

Hi BiggerPockets!I am qualifying a Tenant and I am in the final steps (This is my First time going through the process). I have weeded out a lot of other applicants, and they hit all the qualifications the owner was l...

I am new to real estate investing and would like to buy and hold rentals. I am wondering if it is best to set up and LLC, get a business accounts and business credit cards before actually buying a property? I want to ...

Hi everyone, first time posting (newbie here). After the original offer fell through, I'm next in line (back up offer). Just came back from seeing the property. Property is good overall, only issue is that the foundat...

Hi everyone!New investor here, trying to learn as much as I can from all of you veterans out there. Thank you in advance for your advice and help!In general, does having a good umbrella policy offer adequate protectio...

Never invest a dime in a real estate deal until you ask these 38 critical questions:1. What happens if you get hit by a bus?2. What do you project the stabilized occupancy to be?3. What’s the median income for current...

Researching various sites (including many posts/forms in BP), books, etc. I have tried creating a blue print for asset protection (see the image). Does it make sense? Did I do something incorrectly? Is it an overkill?...

Took a property back as REO. We were the lender, and plan to do a fix/flip.When we entered, the basement had experienced flood damage, probably 2-3 months ago. The drywall and carpet needs to be replaced (at a minimum...

Hell BP community - I am looking to expand my portfolio and recently joined (but haven’t attended yet) one mastermind group for people with W2 jobs and really looking forward to it. 1 is good but more is better and w...