My wife and I are ready to purchase our first multi-family, first investment property.  I was driving by a triplex in a low income neighborhood for 95k and grosses $1400/month.  After I scoped out the property, I came...

I just filed my taxes for 2018, and had to pay in a significant amount of money. This got me exploring some of the details of my situation and  trying to figure out some of the math and the logic for certain things. I...

I am new to Real Estate Investment and planning to buy it from Marquis Properties in Utah. Appreciate any feedback on good or bad about doing business with the company.

Thanks,

Ram Tummala

I know the "50% rule" is bandied about as gospel here in the forums, but haven't seen any actual, hard data that says that operating expenses tend to be ~50% of gross rent income. I'd like to verify this number is, in...

I manage real estate for investors, and wanted to hear from the insurance brokers as to what your feel is for the growing number of "service Animals" in rental properties. The biggest concern that I have is that we ca...

We are just starting out in our journey to buy rental properties.  We have ran into numerous Real Estate Agents who just really do not care about doing business with us.  Is this a common theme or are we doing somethi...

Hello BP Meembers,

I am currently in the process of setting up my LLC and my CPA told me to set it up under a different state LLC because it's much cheaper. I live in Chicago and he said that it costs around $500 to...

I have a question re: consequences for a property management company and parties involved in a fraudulent transaction. What potential penalties would exist for a licensed property manager / firm who engaged in the fol...

I have been communicating with a "private Lender" who is willing to lend me funds for a particular project.  Having never met him, I'm looking for advise as to how to check him out for legitimacy.  He sent me a copy o...

What is your biggest gaf/stupid mistake that you have made in your career so far?It may include you ending up with egg on your face, missing something extremely obvious, or making a beginners mistake. I am sure we all...