Hey BP fam,I love living in San Diego. Friends, family, surfing. BUT, as I've heard "Hate Taxes? Love Texas!"1.) Could I buy a house in Austin, rent out all of the rooms except my room, and change my residence to TX? ...

Hello All - new user, first post so please bear with me.Two friends and myself are looking to purchase a rental property together.  We will be contributing equal amounts into the down payment, duties, etc.  What is th...

As the title suggests, me and two others are looking to buy our first investment property. We are looking for advice/discussion on the best way to structure the deal. Our concerns are with financing, liability, and ta...

I use an LLC to do the Property management for my rental properties. To keep my privacy, and my name and address off the public records, I used a registered agent for the LLC. For the first time this year I am using a...

I am a newbie and trying to get some advice regarding how many adults and children can comfortably live in a 2 BR, 1.5 bath rental unit in a duplex. Any guidelines? If there are too many people who want to live there,...

I often buy using Subject To to buy properties. If you choose to use this technique these are some of the Pitfalls to watch out for.
Subject To Pitfalls
1. The bank can call the loan due (due on sale cause).
2. You...

The IRS is catching up. Quote from the official announcement below: "Virtual currency is an ongoing focus area for IRS Criminal Investigation."https://www.irs.gov/newsroom/irs-has-begun-sending-letters-to-virtual-curr...

Imagine you are the mentor of an 18 year old kid that wants to get into real estate investing but has ZERO credit history.. Pretty much the position I am in.. No authorized user options available.. What would you reco...

BP Nation- I've been speaking with many mortgage brokers and haven't been able to  break through in the least. I have two 4-plex's on lots next to each other in Colorado. They were built in 1948, fully permitted and h...

I need advice on how to wrap up this deal. I located a mix use property in Queens NY, 2 one bedroom apartments on the top floor, store space on main level. The main floor was being used as a women's sorority. This pro...