Hi all, We are thinking of buying a 2 story victorian at the edge of a flood zone. The house will require us to get flood insurance as the owners. We want to rent out the ground studio unit to tenants and were wonderi...

Hello fellow BP members! I have recently been looking into purchasing a property to flip, using private money to fund the purchase of the property. I plan to buy something that is in need of a moderate rehab, doing th...

I'm working on getting all of my rentals transferred to my LLC and setup in Quickbooks. I'm using Nancy Neville's book: "QuickBooks for Landlords who hold & flip" which is a great help.I have a few personal unsecu...

Hello, New to REI. In the “gaining knowledge”phase. Focusing on long term buy and hold strategy. How do you, those who have multiple properties, analyze a property? I know that is a broad question. But i mean you have...

Hi We purchased a property last year, a tenant living in one of the apt was cleaning the building for the previous owner, and got $50 off her $650 monthly rent. After we purchased the building, she never cleaned the b...

I want to setup an LLC for my property investment business, although I have been told not to title the rental property in the LLC's name, due to the fact that when evicting, you have to have an attorney to do the evic...

When it comes to pre-approvals, is the amount of the approval normally included?? If not, will the lender still accept it?? Doesn't having the pre-approval amount noted eat away at the negotiation??

So as I gather as much info as I can before entering the REI/flipping world, I can't help but have the anxious feeling about being a beginner to all of this, going up against seasoned investors with deep pockets.

I...

I have a savings account earning 0.1% at a national chain bank that just continues to pi$$ me off! I want to close the account but don't know what to do with the money. I saw 1.9% savings account from Credit Karma, 1....

I am considering renting a 3 br apartment by the room. This is in a 3 unit house where I will be living in one of the units and the 3rd unit is rented with a typical lease.

Renting by the room makes sense for the loc...