I am currently under contract on a house that I found out has a few spots in the crawl space with just screw jacks sitting on dirt.

I've received a few bids to fix this. Two contractors bid around $8K to build new c...

Hello BP fam! Joe Kim here, a newbie to REI in Los Angeles. I am currently a graphic design teacher, graphic design freelancer, and newly licensed real estate agent. My journey to the world of REI began with my person...

Hey guys, looking to do my first deal and may need to partner with some friends (4 of us) to do it. I was thinking putting the property in an LLC would be the best bet to protect everyone's assets. One thing puzzles m...

Hi All
Hope you're staying healthy and safe. Was wondering if anyone knew how to model out the prepayment penalties lenders have on MF properties? Yield Maintenance and Stepdown. The spreadsheet I'm using doesn't tak...

Hi everybody. I'd like to get some feedback on this spreadsheet. I've been wanting a way to walk through a property and "check off" all the items I'd need for the rehab. So, I combined a couple of J Scott's awesom...

Good afternoon,I am trying to build my first Absentee owner list through listsource. The following criteria is what I have gathered through the forums as being the most recommended. However, the last bullet point is g...

BP, 
Lots of ambiguous info out there regarding these tax matters (to be expected). If I have 6 rental properties, all under a single-member LLC, is it worth exploring the option of listing income on schedule C and t...

If you want to keep it short, skip to the last paragraph where I ask a question, otherwise read on :)

I put in an offer over a month ago on a house that is in pretty rough shape. Holes in walls, flooring torn...

If you have a unit that rents for 500/month and from that unit you cash flow only 150 monthly and you have over two years documented income on tax returns, you will only be allowed to use 75% of that "cash flow" incom...

Hello, I procrastinated and now I beg the community for help. My wife and I formed a partnership LLC this year and bought our first property.  I have filed the 1065 and did not include mileage expenses in the 1065 sin...