I'm about to put an offer in on a duplex contingent on the current lessor/owner going through the proper channels for removal of tenants before closing date. I will be living in one half but the tenant who lives in th...

Investment Info:

Single-family residence private money loan investment in Enid.

Cash invested: $27,600

Contributors:
Matt Mesick

UPDATE: (10/02/2022): Borrower has defaulted on the loan a...

I've recently seen people giving advise to take out a HELOC as a means to pay your normal everyday expenditures including bills, and at the same time, taking your paycheck from job and applying it every month towards ...

@Brandon Hall    @Natalie Kolodij      @Linda Weygant  CPA <3 What's the best way to account for business expense deductions during a joint venture flip? I have read websites like http://www.double-entry-bookkeepin...

Hey BP'ers, I would appreciate any advice experienced landlords could give me on this one. I am screening an applicant now and trying to make a good accept/reject decision. The applicant has a job grossing 2.8 times t...

Hey everyone!I know that your time is valuable so I'll get right to the point. I need your advice!I'm putting the finishing touches on a new course called "Stop Flipping, Stop Renting: Owner Finance your way to Financ...

Bill Gulley Does anyone know if a private individual who funds mortgages is required to provide a TIL? If so, and they failed to do so, what are the penalties? Thanks.

Good Afternoon BP! I am an beginner investor in Atlanta Metro Area and came across a deal where i met a seller and I offered her a lease option deal, but she didn't want to do a lease option because her attorney sugge...

Hi everyone, I’m very new to all of this and looking to get a basic understanding of deal analysis. I’m currently using the BP analysis tool and had two questions on the down payment portion. I’m planning to use hom...

So, newbie question here.  Hypothetical situation:  I have an LLC that owns 3 sfh properties, and the NOI for the year is $20,000. Do I HAVE to pay the taxes on that $20,000 if I choose to keep it in the LLC and, for ...