So, oddly enough I have found myself in a position where I do not own a primary residence...and I'm looking for my next owner-occupied property...which happens to be a 4-unit FHA foreclosure. The listing agent claims ...

Bought a rental property last quarter of the year (3.5 months). I was able calculate depreciation partially for 3.5 months.  As per my escrow, insurance is paid for whole year and property taxes are paid for whole yea...

Hello,I would like to know the process to purchase a property without using a realtor, using yellow letters to get contacts to the owner of the property. Then going through the purchasing process. So would it be, send...

Another question in the what if category. I am curious to the details and differences between purchasing a rental property from someone who owns the property through a LLC or just buying the LLC. What tax or other iss...

Hello Bigger pockets. This is my first post ever on BP so it is quite exciting!I would very much like your help on an opportunity I have been offered: an investor I know is currently building 2 townhomes on one lot in...

Through shear dumb luck, I found a property in a decent area of a b- town  very close to an A town, Mostly it needs cosmetic work, although it will need new plumbing, too. Anyway, it is a great find. A gal I met throu...

Quick Background: I've been fairly successful in other areas of life and recently determined that moving towards passive income is the best way to achieve my financial/lifestyle goals.- I currently have 2 SFH properti...

I recently noticed two small multifamily properties in my neighborhood that look neglected. When I looked up who owns the properties on my county's tax portal, the county shows the owners' mailing address as the addre...

Hi everyone,

I recently consulted my attorney about forming an LLC to manage 2 rental units (duplex) that I own in my personal name. He said that it was a good idea as any business transaction should be done under a...

Good evening,First, I want to thank you for this community of investors, real estate brokers, and professionals alike. I have gained a significant amount of knowledge and resources within a short amount of time. Curre...