I just met with a lawyer this morning, he wants 1250 bucks to do my LLC formation papers, I understand I can do this online but I want to make sure that everything in the future that I do is air tight and Im willing t...

My tenant texted me that he is showing sysdams of asbestos poison. He will be live there a full year at the end of March. My property is built in 70's and I didn't know anything of the asbestos. The property is a town...

Many of the people here on BP are inexperienced when it comes to multifamily syndication. I thought it would be a good idea to begin a list of reasons that a lender may deny someone a loan due to their inexperience. H...

Hello, guys, I had a question in reference to NNN leases:
If a 7-Eleven is $3,000,000 and you put down 30% ($900,000), what would be the true yearly net NOI after paying the mortgage? I tend to see on websites that, ...

With the price of oil dropping, who thinks  it is a good or bad idea to invest in Houston? I have my opinion living here in Houston but am curious what others think that are not here.

"We have had a few interested tenants visit the property on Mulberry. They have 2 young children, no pets, and are relocating. Their credit scores are 554 & 715. No criminal history. No eviction history. She makes...

My wife and I purchased our first rental in August of last year, and suffice it to say this has been quite the learning experience with many newbie investor mistakes made along the way. Right now we are dealing wit...

So me and my dad arent very close and we went out to eat and he just retired from army couple years ago. We got to talking about finances and he told me what he makes which was $175,000 a year out of the army working ...

Hello BP community,What strategies are people using when investing in California? It seems that cash flow is not as favored by investors over here as other strategies like appreciation or flipping. I think any strateg...

Hi BP world!So, I have been debating for about a year on whether or not to file a lawsuit for damages against my CA rental property? I weigh the pros and cons and overall it seems like it won't be worth the fight. How...