HI!  So I purchased my first property, a 4 unit building in the west suburbs of Illinois, this summer. I was initially quoted $1750 per year for insurance coverage from a local company. Then the inspector comes out an...

Hey Everyone - I just made my first Airbnb live (super excited). I had a booking come through that's a local person, for two nights (next Friday and Saturday). Instant book was on (per Airbnb recommendations but I hav...

I know there is not a specific time to hold to 1031 proceeds however generally a year is given as a time frame that the IRS will accept.

Does the year time frame have to be continous or can you have a break in title?...

Hello/Help,
Started a business this year and my taxes have become too complicated, hoping to find a good CPA/tax person recommendation from the BP community.  Right now the company is comprised of 3 partners, includi...

Does anyone have experience setting up an LLC in Indiana when you do not live there? We've started the process, but are being told we need to either be a resident of the state or have an office there, which we aren't/...

Hello all,
I was wondering how you would handle this pre-screened person that clearly spells TROUBLE for their next landlord and neighbors. Fortunately, they were disqualified from my rental based on a criminal misde...

I'm in escrow for a cute little duplex in Tacoma. This is officially my FIRST real estate transaction. Its a 2 bedroom on top and a studio on the bottom. I think I have opportunity for forced appreciation because the ...

I'm new to real estate investment and am considering hard money lending for quick and flexible financing. I'd appreciate recommendations on reputable hard money lenders, especially those familiar with assisting newcom...

When sending out yellow letters, should I disclose that I am a licensed real estate agent up front or can I make some initial contact and then disclose at our first meeting?  What do you recommend?  How would you word...

Investment Info:

Large multi-family (5+ units) buy & hold investment.

Purchase price: $354,963

Cash invested: $45,000

New construction- two 3-story triplexes in historical downtown district of Th...