Hi everyone, 
Question - If I were to purchase an investment property through my rental property LLC using a DSCR loan, can I rent the property from my own LLC (would live there while updating the property)?
Interes...

Selling an investment property can result in significant capital gains taxes. To minimize this tax burden, consider the following strategies:1. Utilize a 1031 Exchange: Under IRS Code Section 1031, you can defer capit...

Hi, I am recently facing a possible short sale, the property is about 35,000 under the water and one thing a firm I talked to told me that if the bank accepts the offer and the short sale goes through, that that I wou...

Hi Everyone,

I've decided that Corporate America is not for me, and what better way to become financially independent than through real estate! So far I've listened through 40 episodes of the BP podcast and b...

Hello BP community! My name is Guy Bailey and I am 42 years old. Today I am working a W2 as a systems engineer but I am hopeful that I will be able to transition to a replacement passive income within the next 4 years...

Recently my wife and I had a discussion about wholesaling. She asked me why would anyone want to wholesale there house when they could sell it thereselves for more money. I tried to explain why they may want to wholes...

Hello,

I have a piece of land that I purchased in 2004 in a small subdivision of approx 30 homes. By the way, the land was purchased for personal use to build a new home. When the land was purchased there was no HOA ...

Hello all,

The last few weeks I have been busy with rehab work on my properties and getting them ready for tenants. One question I am struggling with implementing the 50% rule. I am not sure how to go about it.

One...

Hello Everyone,
I have just recently moved to Kennesaw Georgia for school as a current renter. I have been out of the military since 2017 and have decided it's time to use my VA homeloan now that I found a place I wi...

Hello! I'm a stay at home mom, daughter is 8 months and I've been interested in getting my agent license for awhile now. I love researching, marketing, networking, etc. I've found many homes for friends and family ove...