Hi BP community! I would love some guidance here... I have been working with a credit union to get a HELOC to allow me to tap my equity to buy additional real estate. As a final step, they requested an in-person appra...

Hi BP,I have used my property manager for about 9 months now, so far i've been happy with what they have been doing.  I signed a contract with them back then, and every property which I have acquired and managed has b...

Hey there, has anyone been through the process for small claims court with a contractor in a different county? I currently live in Jacksonville, but I hired a contractor to do work on a rental in Pensacola. He immedia...

Any tax pro's out there?

If I own a LLC that owns an apartment building, do I have to pay self employment taxes on the cashflow each month? I know normally passive income does not get taxed with self employment, but...

I have a tenant who had a stroke.  He went in a week before rent was due. Now rent is 15 days late. Not sure when or if he will able to return. A family member finally reached out to me last week and said they would t...

Hello!  Yesterday,  I received an email from a deceased tenant's niece saying he passed away.  He was an elderly man. His extension contracts ends on Jan. 31st 2017.  His niece stated they will vacate the premises by ...

I've lined up my first property that will cost me $85,000. I'll be putting down 20%. This is a 3 unit property and it will not be owner occupied. I have about $350k in equity in my primary residence. Should I just...

Hey everyone,

With the mentor-ship I'm receiving from Will, I feel so close to breaking into rehabbing. I think everything is almost in place and I'm am soon to be shopping around for my first deal so I'm just curiou...

I started out posting a response to a "how to get started question"...then after a frenzy of typing I realized that it deserved a post of it's own....

I try to post answers like I would have liked to see when I was s...

What would you do? Here's the scenario:
I helped a first-time
rehabber to buy a house several months ago. Built in 1920, 4 beds, 2
baths, 2016 sq ft, master suite. It's in a very high end town near
Boston. ...