Sorry for the longer question/scenario. I bought my house in May 2020 in Raleigh market for $247,000 with 3% down and about $5,000 in closing costs. Have had roommates periodically and have probably spent less than $3...

Hey BP,I have a question regarding what happens when an oral lease agreement switches to written. Some background: my friend is a tenant who has been living rent-free in a unit for over ten years but is a professional...

Investment Info:

Single-family residence fix & flip investment in Fayetteville.

Purchase price: $105,000

Cash invested: $35,000

Sale price: $187,400

Used our private money lender as equity pa...

Hello everyone.  Today I met with a real estate attorney/ title company to build my team. Ask about drafting contracts and to do that would cost $250/hr. That's when in my head I said, s*@t another road block.  I keep...

Hello BPers,

I really do enjoy reading your post and also your blog. I wanted your take on my situation.

Monthly income is 6000. Expenses is 3000. Stopped 401 k contribution up to employer match.

...

How accurate do investors feel that Zillow is on their Zestimates? I've been analyzing a number of properties and looking at Zillow to get an idea of what rents might be but I am not always confident that their number...

Hello Everyone, my name is Joseph Jurek.  I am a Certified Public Accountant (CPA) by training and worked in Corporate America for several years as a Chief Financial Officer. After reaching the pinnacle of my accounti...

Hello everyone I am the landlord of a house built in 2016 which I currently rent out while I’m stationed overseas. I hired a property manager to watch over the house and work on my behalf. Within the last 6 months I h...

I currently have two properties, one i rent out and the other I live in (I plan on renting it out). I plan on moving to Reno NV next year and my family and I plan on buying another house using the VA loan. 
My questi...

Could you please help me design the perfect setup.

I have flipped before and under an LLC and am starting to ramp back up.

I am very good at taxes and don't want a full partnership to influence all of m...