We currently live in a small double wide on several acres of land. We are planning on building a home, continue living in the double wide until our new home is built, then moving the double wide to another area of our...

I have been on BP for a while now and one of the most important steps I've learned in real estate investment is setting up your team. Working for a GC company in DFW, I meet a lot of new investors who do not have a te...

Hello,I'm in the process of my first BRRRR with two business partners. We are a three-person LLC and purchased the property in early December. I would like to know what considerations, tax docs, etc. I need to get all...

Hi All

Can someone give me technicals on how taxes work on an owner occupied duplex in Philadelphia, PA?
I collect rent from a roommate in the first unit and also collect rent from the second unit. How is it determin...

Hello,For the financing of a BRRRR, are there lenders that are willing to include the costs of Airbnb set up (i.e. furnishings) in the initial hard money loan for a BRRR?  the costs for the Airbnb furnishings could be...

I already have an LLC set up and active that I have used for consulting work in the past. Should I use this entity to set up a business checking account and keep my 5 doors of rentals separate from personal expenses?

Hello BP!  I have a SMLLC (single member LLC) that is currently setup to be Taxed as an S-Corp.  I am the only Manager/Member.  I wanted to form a new multi-member LLC Taxed as a Partnership.  I understand it is perfe...

All, I am getting ready to bid on foreclosed houses with an intention of fixing and flipping. My questions pertain to logistics more than anything else:- do I need an LLC set up with a funded account beforehand?- do I...

Good evening,
I am new in this great adventure of flipping homes and I need some guidance.
I am looking to start with one home at the time using a “limited” budget. I am thinking about buying an existing rehab for...

Hi BP!I recently got a lot in Winter Haven, FL (central Florida) with a house in a bad shape (rehab will not be cost effective) and I am thinking about putting a new modular home on the lot. - Does anybody know if you...