I just bought a course on "Subject 2", last week and I feel like I have a good idea how to find sellers and negotiate a deal. However when I look at the sales contract,  deed paperwork, limited power of attorney, etc....

Long story short............. under my schedule e he put 365 days fair rental days when I purchased the property 8/20/14 and was really only like 120ish fair rental days. Now I cant use any of that income under Fannie...

Hello All,I got a letter yesterday from the City of Cleveland saying I owed $280 in rental registration fees for a property I bought in November.  I paid the registration fees when I purchased the property and I thoug...

Hey BP family!
I am a new to RE investing and to BP, however I am learning a lot about investing from listening to BP podcast, books and internet.
My question is:
Recently purchased my first single family home and...

We just recently created an LLC for a rental property that has some month to month tenants. Will this be a problem? Do I need to create a formal lease where the LLC is named as the building owner, or is it okay to kee...

if I purchase a fully occupied 4 plex with an fha loan that stipulates I live in one of units, how do you move one person out without raising  rents?

Hi folks!In my jurisdiction, and I'm sure it's common in most others as well, any rehab over $50,000 in cost requires permitting and a contractor's license if your are legal entity.  If you are filing as an individual...

Hello - I have finally acquired my first rental property (a duplex) and I plan to get my feet wet and manage myself to not only learn but save money since property management doesn't pencil at this point.One renter se...

Hello, I am wondering if anyone out there knows of a service that will pull credit on my borrower. I am working on my first note deal and would like to pull credit on them.  As the second liendholder, I believe I do n...

Searched the lease option forum but was unable to find this answer...user error I'm sure. Should language pertaining to a rent credit be included in the lease or the option?  I plan to credit $100 to the T/B for each ...