Hi BP,For those doing out of state investing, where have you incorporated your LLC? Have you chosen your home state or the state you plan to invest in or another state with favorable corporate law (i.e Delaware)?Also ...

We want one to help us handle policies for the house we live in, our cars and our rental properties (we have 3 units and are about to close on our 4th but intend to scale up significantly over the next few years).Goog...

Hello, My name is Clarke Criddell. I hold a couple of different hats. I have been involved with the real estate industry since 1997. I am currently a HUD Consultant for which I do renovation budgets for client and I ...

Hi, I sold my property earlier this year via owner financing.  My buyer is paying off the note early so I am preparing for that.  Once he pays off the note due plus any interest owed, what do I need to do to officiall...

How has marriage determined your investing strategy? For example, I wanted to use A FHA loan to buy a duplex. My wife was not fond of the idea of someone living in the same house as us. I am in LEO and work odd hours...

A couple of years ago I began work as CTO for a smallish mortgage company here in Northern CA. The company began to go sideways a year in, and I was in a position where a decent chunk of the staff was willing to foll...

Hello BP,I am in need of any advice that can be given regarding spending less money from my proceeds to the IRS. I have a double closing scheduled just before the new year. I would rather not see my profits taken so I...

So I have a house under contract and I am the buyer. Due to ongoing virus situation, I want to back out from the sale so that I don't over leverage and have more cash reserve in case anything happens. However, the pro...

Hi there! Just to prepare people - this is a long, detailed post. If you don't want to read everything below, the shortened summary is this: I am planning to start acquiring homes and renting them out to tenants. I ha...

Hello All,a newbie here..I am contemplating purchasing a piece of land ( a wooded lot that is zoned for multi family construction) in Chicago area..it is priced very low. with the intention of getting a loan to do the...