My partner and I are looking to purchase a SFH in Philadelphia and have recently formed an LLC as an investment vehicle. This is our first purchase and are planning on making more purchases under the same LLC. We are ...

Hi allI have been consuming lots of information about creative financing watching BP podcasts and Pace Morby especially.  I feel like I have a decent grasp of the front side of the concept.  Finding property, speaking...

Hi all, I have to raise enough money to fund a lawsuit. The lawsuit isn't a slam dunk, but if it works out, it would reverse a big loss caused by a forgery done by a real estate agent (who is no longer in real estate,...

I came across a Craigslist ad for a house for sale in my farm area.  I sent an email and the 'seller' replied with information on how to access the property. I went and took a look, and a day or so later, the 'seller'...

Hello!
I just purchased a property and after closing the title company said they removed the rents for the upcoming month of November (Closed on Nov. 5) at the seller's request. The seller, whom I know, said their 10...

What would you folks do as landlords. Tenant just moved in last month. Gave full deposit and first month's rent in advance. Upon moving in tenant pointed out the hot water heater was not working. This was verified to ...

Does anyone have experience working with New Western Acquisitions?  What is your opinion of their process, people, integrity, anything?  I have an opportunity to work with them not related to buying their properties.

Hi BP!I recently purchased my first residential property, no financing. I purchased this as a rental property, and I am aiming to have it rent for $4000-$5000 a month. It should be ready in about a week for photos to ...

Hello BP!I am working on closing my first duplex deal in Mount Clemens Michigan. The duplex is 2 - 3/1 units with a price of just over 100k. The loan I am using is an FHA loan with 3.5% down. I received the closing co...

I'm going in circles trying to figure out where I report my K1, Box 10, Net Section 1231 Gain on my personal return. Partner instructions say I report it on form 4797, except that is where the number came from in the ...