I own several very successful self-managed vacation rental properties in other states and am looking to invest in several more with partners (family/friends). I bring experience and knowledge in the local market, cont...

Hello BP!Long story short, I've hired a law firm to form a single member LLC for the sole purpose of investing in rental properties.  However, when electing to be taxed as a sole proprietor (IRS default for single mem...

From "new offerings" email to fully funded in... 45 seconds!Cmon... this is getting ridiculous!!!  How am I suppose to do any due diligence?!  The Princton Indiana filled in LESS than one minute!!!   >:(What is goi...

Ok, here is a long story short. My grandmother bought into a piece of commercial property back in the mid 70's. It is an industrial building used by a plastic factory in LA, CA. The agreement was all done as a handsha...

I’m sure everyone is excited about Rep Omar’s bill to require forgiveness of rent for up to a year. Of course your primary mortgage would be forgiven ( if you owe money) and you might get partial relief from your rent...

Hello BP community, we have done a couple of 1031 exchanges into apartment buildings. Next year, we would like to sell one of our smaller properties (a 4-plex) and do a 1031 exchange to defer capital gains taxes. As e...

I was forming a reply to a thread "when does someone become rich" and realized the thread had turned to a discussion on taxes. I decided to start a new thread, just on that subject.It has been a huge concern for me th...

New investor here in the north east Florida area. Currently we have a property with a lease signed for November 1st and have just purchased our next BRRR property. I am looking for recommendations for a lawyer in Flor...

As part of my investment plan, I formulated the following: Use a portion of equity in my current single family home for down payment to purchase an investment property. Home was purchased as an estate sale in original...

What’s the best way to go about having pets in your rentals? We’re purchasing a home with a basement apartment that we plan to rent. I’m not entirely opposed to allowing pets but I want to be able to regulate it someh...