Aloha from Hawaii!My husband and I are first time landlords...we purchased a home and was able to convert a portion of it into a studio to offset our high cost of living on Oahu. This particular studio has it's own p...

The following scenario is a hypothetical one, but one I have been pondering for some time.  I look to hearing your answers!My question pertains to PMI requirements following the sale of an undervalued property. In thi...

Looking through MLS and found this. I'm not interested in the property I just didn't know a bank would fix and flip a property, if that's what this is?Zillow and here it is at HomepathIt's obvious that someone rehabbe...

I would appreciate some BP wisdom on this. We just bought our first property in Missouri and the PM agreement includes the following two sections that are troubling -- we haven't seen this language before. It se...

This is my first substantive post, so please be easy on me. :) I want to first be preemptive and make the proclamation that I am not well-versed on partnership structures and creative financing. This is my firs...

I am closing on my very first rental income property in about 2 weeks. Now, I believe that I got a great deal, I can rent it out and create a great amount of cash flow I just want to be aware of any pitfalls. The prop...

I am looking to do the rent by the room strategy but am at a loss on how to structure a lease. I’m assuming I’d need separate leases for each roommate since people will be arriving/departing on different days. I’ve lo...

Looking to purchase multiple BRRRR deals with two partners. Our plan is to set up an LLC for each individual property we buy. We would like to name our LLC’s after the properties. Our question is do we set up the LLC ...

I am finalizing a seller finance deal. The seller wants my side to pay for all legal fees such as drafting the mortgage and note. I stated I am more than willing to pay legal fees but i would like to pick the attorney...

Hi everyone!I recently purchased a rental property in the Tampa Bay area.The house did not come with any light fixtures. I was wondering if I should replace the lights with light fixtures or with ceiling fans (that ha...