I live in California, and am looking to purchase my first rental property in Illinois. I want to form an LLC for it to protect myself, and have been reading about how California residents have very specific laws compa...

I have an odd situation where we want to sell our old primary residence to a very good friend.  This is to help everyone involved but there is the caveat about business dealings with friends or family...Our old house ...

Hello BP,
I have a few questions:

First
I recently acquired my first tenant in a house a hack. Today I opened up a new checking account with my bank, and I either need to have direct deposit setup with a minimum ...

Hello Everybody!!!!

Hope you are all well.

I was wondering if anybody has any suggestions in this scenario. I am currently talking to a homeowner who owns an investment property and is 5 payments behind on her mortg...

Hi. I'm in a situation where I'm about to close on a rental property that has a Section 8 tenant. I just found out that the current owner and the tenant have a side agreement where the tenant pays the owner almost $...

I'm not sure this even makes sense so here goes.

Property for sale is a 57 acre parcel with a subdivision in place for 6 parcels. One of the parcels is an old farmhouse with 3 acres. We are interested in purchasing t...

Okay, it's time for my first question. My wife's family has a long time tenant, finishing the third of their 5 year leases. The tenant has asked for a 6 month extension in order to stay in place until the new constr...

Hi all, 
I have been house hacking for a few months now and my tenants above me allow their kids to ride scooters in the house. I can hear the wheels run over the tile as they ride back and forth (in an 800 sf apartm...

So, I was talking to a friend who is looking to help her father sell his house. He's owned it for many many years and it is in a nice area. The plan is that he will buy a smaller condo for himself and probably another...

Hi,
I am planning to start an LLC to purchase a real estate. My friend's IRA (IRA-A), my IRA (IRA-B), my friend (A), and me (B) are planning to invest. I have been reading up on IRA-LLCs and have a couple of questi...