Buying Our First Home Was Like Playing With FireWe are young and naïve, but we are also risk takers. That’s why decided to buy a colonial built in the late 1930’s for $310,000 in Totowa, NJ with 10% down payment. It...

Hello BP Community,I'm exploring options for a commercial property in Long Beach, CA currently held in a living trust. I've noticed many investors choose to transfer such properties to an LLC for legal reasons. If a p...

I bought my second house this year at the end of July. I rent my first house out to my mother. I could use guidance on maximizing my tax return. Can someone please advise me on how I should be claiming (and on what fo...

I am in month 5 into owning 64 units over three properties in the same city, but split between 2 different property management "companies."I am out of state and sold office building on a 1031 exchange. Otherwise new t...

New to renting, looking for advice.
Single family home valued around $1.1m. Roughly $510k owed. Converting it to a rental projected to rent @ $4500 monthly. Currently monthly is $2800 monthly on a 2.65%. Property Man...

Hello, My wife and I are in the process of turning our primary home into a rental. I created an LLC, and the rental address is not the name of the LLC. My thought was to give the LLC a generic name, and the rental cou...

Hey BP,

I have decided that I'm going to send a couple of letters out to small multifamily owners in a local city to see if I get any leads. What I would ultimately be looking for is an owner finance deal so I would...

What Could Possibly Go Wrong? A Cautionary Tale for Newbies and Not-So-NewbiesThis post is intended to share some observations gained from more than a decade as a real estate investor, and to offer some words of cauti...