Hi BP, I'm in contract to buy my first 4-plex, which has 2 underused accessory buildings that I would like to turn into money makers. One is a row of 5 garages, the other is a row of 4 storage units. The property is i...

Sorry if the below sounds like a rant but this is starting to drive me bananas.I've been looking to set up some asset protection as I have 11 buy/hold residential rental properties that are scattered across 3 states, ...

I am purchasing a 3 unit property, image below. The landlord was previously renting the 2nd floor as a 1 bedroom, and I'm wondering if it can legally be a 2 bedroom? The kitchen and bathroom are down the hall at the b...

My son just turned 1. As most people know, friends and family tend to gift money to a child on their birthday, because they do not know what is best to give them. My wife and I want to be good stewards of this money, ...

I'm about to buy a foreclosure for flip, and I'm given the option of going with the bank's title company with title insurance paid by them or securing my own title company at cost to me. Is there a compelling benefit ...

Hi all,So I am starting an LLC with two partners for rental property purposes and feel like I am over thinking the structure.We will be investing in Connecticut and Pennsylvania my first thought is to use the parent-s...

I just put 20% down and closed on a duplex last week. The plan was to rebuild my savings and buy a single family home in 3 to 5 years, and have our main unit in the duplex cover the mortgage of the future SFH. Than b...

Hello and happy new year,I just closed on my first 3-plex today. Here are some high-level description and concerns about the property:-The property is fully rented by the same tenants for the past 5 years. -Tenants...

I have a 3 bedroom single family house I rent out by the room. Originally there was one male tenant in each room. The tenant in the master asked if his girlfriend could move in. The other renters said they were okay w...

I am looking to setup payroll for myself out of my company, call it LLC #1, and LLC #1 is owned by Parent LLC which I am looking into doing an S-Corp Election for. What I am unsure about is if the whole 60-40 rule aro...