I've used a simple spreadsheet to do quick analysis of prices vs rents using the 50% rule. I'm working on making a Dashboard Widget of it so I don't have to leave the spreadsheet open all the time. Is anyone else in...

I am looking to sell 2 duplexes that are not cash flowing well. I own some land and already have plans to put a quad plex on it. Can I use my 1031 exchange to build the quad? Or split it and use some to build on anoth...

Hello i'm brand new to the world of rental properties to provide semi passive income. I've come up with this vision of creating a small investment REIT, where different people could invest a very small portion of mone...

Have you ever purchased more property under the same LLC with an existing operating agreement? How did the amendment process go? Did you keep the same agreement?Is it better to start a new LLC with the same members wi...

We are looking to see if there is any way you can roll a 1031 exchange into building a structure (Capital improvements) on a raw piece of land that we already own. So the exchange would be put towards the construction...

is there a checklist form available for a first walkthrough a potential purchase?

Good evening BP, I recently received my real estate license and currently working part time at Keller Williams Northville/Novi Market Center in Novi,MI. My plan is to eventually go full time and continue to grow my bu...

When selling a portion of a property to a partner, is it possible to sell the “basis” value portion of my property and not the “capital gain” portion such that I don’t incur capital gains taxes upon sale? When selling...

Hi BP,We have been leasing apartments in our multi family units for a while now, but have never before seen the possible need to include a lease clause with the Golden Rule in it- treat others as you wish to be treate...