We're currently in closing on this property outside of Farmville, Virginia. We purchased this property from a friend that we have purchased from before. She has a HUGE portfolio (30+) of houses that are in significant...

Hi All,

Been lurking for a few months and soaking in all the great information here at BP! Thanks for all the great info!

I am going to be taking on my first REO flip here shortly and feel I have all my ducks in a r...

I searched for answers to this topic but couldn't get any information. My question is simply if i own 5 rental properties and they each are cash flow positive.  How can i get a 6th one?  My dti will be reaching 50%. I...

Hello I’m new to BP and looking at purchasing a SF rental (Bridgeport, CT) that has an up flush toilet already installed in the basement.  I have zero experience with these and actually didn’t realize they existed unt...

Several trends are occurring as a result of the economic restructuring and impact of technology on virtually every type of business. One of the major trends is that increasingly middle class Americans are finding i...

Hello everyone, Can someone please help me answer this...This question pertains to line 56, "Add Back: Principle Payments" in the REIpropertyanalyzer.xls. I downloaded the REIpropertyanalyzer.xls from BP and it's been...

I searched all of the questions on the forum and couldn’t come up with an answer to this one...My husband and I own a house as our residence but are building another house and are going to turn the current one into a ...

Is it just the simple fact an eviction exists that I should deny an application, or should I look at the nature and facts of the eviction and consider criminal history before deciding to just deny the application beca...

Hey you guys!
About to acquire my 3rd rental property!
My legal structure looks something like this *pictured below*My question is this: Do I need to have separate bank accounts for each rental property, LLC? &amp...

Hello,I am looking for opinions and use cases for establishing an LLC or multiple LLCs. When did you create your first LLC and what was the rational behind it? What are the pros and cons?If you have multiple, at what ...