Hello BP,
I have recently purchased a triplex (which was converted from a SFH). Its a 2bd unit on the main floor, and two 1 bd units in the lower level (formerly walkout basement). The utilities (water, electric, gas...

Need a little help here. My sister, a beautician, is looking to take over the existing building where she conducts business. Apparently the owner is non too happy with current manager and is motivated to get a new...

Here is a little true story that I just learn about couple of days ago...
I live in Studio City, CA and although the word "City" is in the name, it is actually a small but affluent neighborhood in Los Angels. The nei...

My name is Lupe and I kinda left scratching my head trying to find out what is a "loan bio"I am in the process of doing a cash out refinancing on one of my properties. One of the conditions I have to meet is to provid...

Okay, so this post has probably been a longtime coming and is probably a little long. Over the last few years, I have made a number of very important (and profitable) connections through BP, and I’ve never actually t...

Hi BP,I am currently searching for a property management platform.  I currently only own 1 rental property but hoping to close on 2 Duplex's before the end of 2016.  I want to have all the systems in place before I be...

I have heard a lot about LLC’s and whether or not investors need them. I have heard a bit about it in BP podcasts, but honestly am not sure if I should be looking into having an LLC since I am just starting out. What ...

I am considering to buy a home with a built in ADU in CA.Can i deduct a part of property tax and mortgage interest of the property as an expense for maintaining an ADU?
So for eg: Total Property value in 1M (75% mai...

What do I need for a bank to approve a loan?

I'm looking at purchasing a two-unit property with a basement through my LLC. I'm wondering if it's possible to purchase the property through my LLC and "house hack" it by using it as my primary residence or my busine...