Hi BP
We have bought an investment property update Ny. This is our firsts major rehab job and trying to follow some of the BP ethos when working with contractors is proving harder than expected. This is the current q...

Ive found a 5-plex with all 1/1 apartments selling for $135k. The apartments rent for $350 each, which is approximately market price. I might be able to go up $25-$50 after updating. Owner pays water (about($150/ m...

I see some REIs sending multiple offers per day but how do you do so without getting in legal trouble? I talked to my agent and they say that it’s recommended that 1 offer is sent per 24 hours because if 2 offers are ...

An attorney told us that an LLC would be best protected if an irrevocable trust is a 10% owner of the LLC.  We've decided not to retain the services of this attorney.  I'm not asking for legal advice here, just your u...

I have a property under contract to sell and the tenant just contacted me about a sewer pump issue. Turns out it was caused by the tenant and is her financial responsibility per the lease. Expecting that it is unlikel...

I am in the process of closing on a house, closing date is 2 weeks from now. However, the appraisal the lender ordered came back $17k lower than the asking price. At this point what is the most logic next step? I don’...

Hey everyone, I have a few quick questions.What is considered to be appropriate renovations for a FHA 203k? Could it be used to just update a old retro home that hasn't been touched since the 60's or is it for legit r...

Hi all,  I need some help trying to put together an agreement on a property that should've been put in place years ago.A and B are brothers with a fantastic relationship. Person A fronted $15K for the initial down pay...

I hope I can ask this here, my husband and I are currently renting out our condo in Michigan after an unexpected move to Alabama for his work. So now we are both landlords and renters (the move is most likely not perm...

I have 2 rentals in California: one Single family and one triplex both in California. both properties are under my personal name. I am trying to learn different asset protection strategies using LLC. and Land trust. A...