Good evening BP!We are negotiating on an offer for a property that is part of an estate. This is a flip opportunity. After going back and forth with price twice we are about $8,000 apart and I am not as comfortable ab...

Hi, I invest and manage about 40 units + locally and a couple OOS.  I was wondering how most of you do your bookkeeping?  I do a lot of rehabs, value-add properties etc.  Occasional flip houses, and a lot of construct...

I'm trying to buy a 20-unit apartment complex in Southwest Missouri. The specifics on the value of the complex is the subject of another post. In this one, I want to get feedback on whether or not this partnership sce...

I just received a text from a tenant stating their car was broken into last night. They have not called the police because they said they didn't have the time this morning to do so and they don't think it's worth it a...

Thanks for taking the time to review in advance. I just wanted to get some clarity on proper protocol.  On a partnership LLC, when you do a distribution , are you offsetting account for your owner contribution , ( so ...

I have recently renovated a unit in my building. This is the first time I've done this kind of overhaul getting a place ready. I'm thinking about doing quarterly inspections just to make sure things aren't getting tor...

Seller owns property outright. house has probs I am aware of, probably more so than seller. Seller (actually power of attorney holder) needs money ASAP, for reals. Title co says they need 2 weeks to close. I've got th...

Embarking on the eviction process can be daunting, especially when it comes to understanding the timeline. In this blog series, we will delve into the intricacies of the eviction process, shedding light on the typical...

Take a good look at this bedroom. It may be hard to see but the bottom-left pile is about 50 ammunition boxes, full of ammunition. The pile beneath the curtains includes 25 rifles, some shotguns, about ten handguns, a...

For those that own multiple LLCs, how do you handle the security deposits? In my state the law is the deposit is supposed to be held in it's own bank account and not comingled with any other monies. That could become ...