There is a bill proposed by Chris Ward district 78 called the California Housing Speculation Act that proposes charging a 25% additional tax (an income surtax) on the profit (above the regular tax collected on the pro...

Hi folks!In my jurisdiction, and I'm sure it's common in most others as well, any rehab over $50,000 in cost requires permitting and a contractor's license if your are legal entity.  If you are filing as an individual...

I apologize for the lengthy description here but need to explain my situation to get the best advice from you all.  Firstly, I am not the typical invester. Im a Veteran myself and was a army spouse for 30 yrs. 5 yrs a...

I am leasing some bedrooms one at a time in my little apartment complex (college kids). Got one person who can not live under the same roof as a dog and she has a real doctor's letter from a local MD. I also had this ...

Hello fellow BP members,I am excited to say that my wife and I are closing on our first buy and hold/house hack duplex today!So let me paint a picture first. The property we have obtained came with two existing tenant...

I'm trying to decide how to create my LLC. I am looking at 3 different options.1. I have spoken to 3 different Real Estate Attorneys in my area (Menifee, Ca.) who want to charge $1,100-$1,800 + Ca. fees to create a ba...

I purchased a bank owned SFH earlier this year and rehabbed it with money from my personal residence HELOC. The house is in an Llc and I am looking to finance the house to pay back my HELOC. So far in contacting local...

I am Michael ... just want to say hi. I have been a lurker for a while now and thought I would take the plunge. A little about myself. I will be finishing 4th year medical school and becoming disillusioned with medici...

These forums are amazing! Thanks so much for all the education being shared.So with all of the changes happening to mortgage backed securities and the risk to servicers what are some of the more creative financing met...

If I were to already have a single family home , what would be the best way to start off investing ? 
I know I have been suggested house hacking the single family home but I would appreciate different ideas/advice on...