Hi, BPers,I need your kind help.I am in the progress of screening tenants with mysmartmove.com. Currently one family applied as husband/wife/2-kids and uncle. The three adults makes 12.6k annually or 3.5 times of the ...

So my 2015 (the year we started rehabbing properties full time) was audited. I made the mistake of not using a CPA and she messed up my tax return huge. Long story short I got a $14k refund. During the first quarter o...

This is one of those things that just makes me shake my head and wonder what people are thinking! I found this quote today on the blog of another company here in Memphis:

“The uptick is attributed to a continued int...

How is everyone preparing their apartment communities for the corona virus? What are you guys doing incase an outbreak happens?

Hello All!I have a quick question.I have read a great deal of info about seller financing and I feel pretty comfortable with a deal I just struck with a worn out landlord. But I just want to verify a few things.Can an...

Has anyone been able to find out if the recent rollbacks on Dodd Frank change the number of houses that an investor can sell to a non-investor, using seller financing, before the seller is tagged as a loan originator? 

Hello fellow BPers!
I’m looking to learn from anyone who’s had experience as an LP in multifamily syndication. Ultimately I’d like to contribute as an LP locally (Phoenix, AZ), with the goal being to learn as much as...

I plan on buying a SFR in my personal name. After the 6 month seasoning period with the bank, I plan to cash out refinance into a traditional loan. Do you guys have any issues transferring your title to an LLC? I know...

Hi All - I've seen quite a bit of confusion on the application of the Passive Activity  Loss Rules and Short Term Rentals.  Beyond BP, there is a lot of confusion in the accounting community as well but the same rules...

MH and I just bought a 3 family at the end of October and kept all the tenets.1: Woman, boyfriend, her son & grandson - mother to 3rd floor tenet.2. Couple with 4 children.3. Woman, boyfriend, their son & boyf...