I just closed on a flip today and spoke to the attorney about setting up an LLC. Ive done several flips now and have rentals so i think its time. They suggested i do two LLC'S so that i have one for my rentals, and on...

Hello BP,Was wondering what people thought about investing in Springfield MA?  Prices are low and cash flows seem to be legit.  A lot of houses on the market seem to be more updated (Outside, inside, plumbing, electri...

Hi guys, I am a Canadian citizen with permanent residence in Mexico. I've been investing in real estate in the state of Yucatan (the safest state in Mexico) for the last 1.5 years and have learned alot.. so far I've i...

Hello, I am a relatively new landlord and would appreciate the input of more experienced landlords. I just finished renovating a very nice 1950s house in Charleston, SC and am interviewing tenants. I love the house a...

We may be witnessing the largest financial collapse in centuries. Take a step back and look at what is happening:

ï‚· Subprime meltdown
ï‚· Housing bubble
ï‚· Foreclosure crisis
ï‚· Bear Stearns collapse
ï‚· Country...

I thought you might enjoy this article written by Robert Shiller, Sterling Professor of Economics, Yale University:http://insights.som.yale.edu/insights/housing-mark...Agree/Disagree? Comments? Thoughts?

You are probably asking: What is a wholesaling business? I’m sure that if you are on Bigger Pockets, then you already know what wholesaling is. Now imagine you had an endless supply of properties to wholesale… how yo...

We've had our duplex since October 4th, and listed our list unit (2B/1BA) on November 7th at $1,000 and tenants split electricity and gas.We've had lots of interest, but the problem seems to be that folks aren't meeti...

Cameron Dunlap offers a funding service for which he manipulatively requires $1000 as a RETAINER and upon completion of your first funding, your $1000 would be knocked off from the 3/4 points charges....he also gives ...

HiI bought two properties this year and sold them for a profit. It is my understanding the profit from those flips will be treated as active income and subject to self employment tax. However I didn't even lift a fing...